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Congress’s GENIUS Act backs Ethereum stablecoins, but Fed policy still warns on public chains, shaping bank strategies and ...
U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.
Mark Salzberg of Squire Patton Boggs discusses changes to the U.S. Bankruptcy Code with the GENIUS Act, which establishes a regulatory framework for stablecoins, and the effects on priority, debtor-in ...
U.S. bank groups seek to expand GENIUS Act limits on stablecoin interest, raising broader questions over global payments ...
The GENIUS Act’s ban on yield-bearing stablecoins could accelerate capital flows into tokenized real-world assets, says ...
Critics misunderstand the GENIUS Act’s actual influence. It doesn’t free Bitcoin from taxes but breaks Wall Street’s ...
On August 12, a coalition of banking trade associations sent a joint letter to Congress warning that the recently enacted GENIUS Act contains a loophole that could allow the indirect payment of ...
Key Developments for Digital Assets The Guiding and Establishing National Innovation for U.S. Stablecoins Act (the GENIUS Act) is ...
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Cryptopolitan on MSNUS banks push congress to close stablecoin interest loophole under GENIUS Act
US banks urge Congress to block stablecoin yield loophole, warning it could drain deposits, raise rates, and disrupt the US ...
Among those who voted in favor of the Guiding and Establishing National Innovation for U.S. Stablecoins ( GENIUS) Act are 206 ...
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US Crypto Bills Compared: STABLE Act Vs GENIUS Act
The STABLE Act enforces strict, uniform stablecoin rules, while the GENIUS Act offers a tiered, yield-friendly approach.
Under the new law, issuers with more than $50 billion in stablecoins outstanding would be required to submit audited annual ...
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