GENIUS Act

Highlights: FDIC is planning a draft rule that will set clear steps for stablecoin issuers seeking federal oversight. The GENIUS Act stablecoin rules will guide agencies as they align oversight duties and shape early policy decisions. Regulators are working together […]

Highlights: Banks want to stop stablecoin rewards, but Coinbase says this unfairly targets crypto.  Coinbase rejected banks’ GENIUS Act interpretation, saying it wrongly limits stablecoin payment use. Treasury warned stablecoins could shift over $6.6 trillion from banks. A new clash […]

Highlights: Coinbase seeks narrow GENIUS Act rules to protect developers and open-source platforms. Stablecoins should be treated as cash equivalents for tax and accounting. Excessive regulation may hinder U.S. leadership in digital finance. Crypto exchange Coinbase has responded to the […]

Highlights: Canada plans new stablecoin rules to protect users and improve digital money safety. Bank of Canada will manage new rules, spending $10 million over two years. Experts say new laws could help Canada lead in faster, safer crypto payments. […]

Highlights: Canada speeds up stablecoin rules after $126 million crypto anti-money laundering fine. Officials aim to clarify regulations as the U.S. already sets stablecoin standards. Delays risk Canadian investors shifting to U.S. stablecoins, weakening local financial control. Canada is moving […]

Highlights: The 2025 State of Crypto report shows stablecoins processed $46 trillion last year. The report says big banks like JPMorgan and Visa joined crypto, helping Web3 grow. a16z reveals growing daily use of blockchain among millions of crypto users. […]

Highlights: Wise hires a digital asset product lead to explore stablecoin use and expand its global payment services. Fintech firms are adopting stablecoins for faster cross-border transactions and improved financial access. Wise is eyeing stablecoin growth as global fintech firms […]

Highlights: North Dakota plans to launch Roughrider Coin to modernize payments and support local banks. Roughrider Coin is backed by the U.S. dollar and aims for secure, fast, and efficient transactions. State-owned bank partners with Fiserv to bring blockchain innovation […]

Highlights: Standard Chartered analysts say up to $1 trillion could shift from emerging market banks to stablecoins. They note stablecoins act as digital USD accounts, offering 24/7 access and lower risk than local bank deposits.  They highlight that countries like […]

Highlights: Coinbase CEO announced plans to evolve into a full-service crypto super app. Armstrong said the goal is to replace banks by offering blockchain-based services. Coinbase will launch a credit card giving users 4% rewards in Bitcoin. Coinbase CEO Brian […]

Highlights: The US Treasury has extended the GENIUS Act review, with feedback due by October 20. The US Treasury is seeking feedback on tax rules, foreign issuers, and the oversight balance for stablecoins. The Senate is to vote on the […]

Highlights: Kelley warns the GENIUS Act loophole could hurt rural American towns and local banks. Crypto platforms give high rewards but have no FDIC insurance, risking people’s money. Loopholes in the law may let foreign stablecoin firms harm U.S. community […]