Congress is hard at work on general market structure bills and the regulatory parameters around stablecoins.
Congress is hard at work on general market structure bills and the regulatory parameters around stablecoins.
The Act opens the door to banks, fintechs, and retailers issuing proprietary tokens.
The moment the ink dries on the GENIUS Act will mean compliance stops being a talking point and becomes a daily imperative.
SEC’s Corporation Finance Division says stablecoins are not securities, placing the cryptocurrencies beyond its purview.
Interim FDIC chair Travis Hill says the agency is rethinking its stance on crypto.