The guidance says most digital assets are not securities but stops short of creating a full market framework.
Meme coin
Meme coins like Doge appear to have moved beyond the fringe of internet culture and closer towards the mainstream investment world.
The moment the ink dries on the GENIUS Act will mean compliance stops being a talking point and becomes a daily imperative.
Other news includes the UK and US agreeing to a trade deal to reduce tariffs, NSO group being ordered to pay $167m in damages for WhatsApp hack, and Chinese regulators announcing a 10-step plan to calm markets.
Digital assets experts discussed regulatory treatment of market abuse in the crypto markets.
Latest news and developments from the world of crypto.
Latest news and developments from the world of crypto.
Government regulation is needed to mitigate significant distress and economic harm caused by these "collectable" coins.