Quick Summary: The FDIC has issued a proposal on regulating stablecoin issuers under the GENIUS Act, following a similar move…
Browsing: genius-act
Quick Summary: JPMorgan CEO Jamie Dimon warns of rising blockchain-based competitors while the bank pushes its own Kinexys platform toward…
Quick Summary: Stablecoin transaction volume hit $7.2 trillion in February, surpassing the US ACH network’s $6.8 trillion for the first…
Quick Summary: Solana-based DEX Drift Protocol confirms a $280 million exploit using pre-signed transactions, sparking debate over Circle’s decision not…
Quick Summary: The US Treasury proposes rules letting states regulate stablecoins under $10 billion in market cap, provided they meet…
Quick Summary: Federal Reserve Governor Michael Barr says robust anti-money-laundering controls are needed before stablecoins can reach their full potential.…
Quick Summary: Federal Reserve Governor Michael Barr says the GENIUS Act brings clarity to stablecoin issuers but warns key risks…
Quick Summary: Tether has engaged KPMG for a comprehensive audit of USDT, the world’s largest stablecoin, marking its first full…
Quick Summary: Tether has selected KPMG to conduct a full audit of its USDT reserves and engaged PwC to prepare…
Quick Summary: David Sacks concludes his 130-day tenure as White House crypto and AI czar but remains influential as co-chair…
