Tag Archives: GENIUS Act news

Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas

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The Bitcoin Policy Institute (BPI) has released a new policy proposal for the United States aimed at establishing what it calls “stablecoin supremacy.” The proposal, published on Wednesday, is structured around five policy areas and comes on the heels of the already-enacted GENIUS Act. Bitcoin Policy Institute Warning At the center of BPI’s argument is… Continue reading Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas→

FDIC Advances Rulemaking For GENIUS Act: New Framework For Stablecoin Issuers

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The Federal Deposit Insurance Corporation (FDIC) has moved to translate the country’s first crypto bill for stablecoins, the GENIUS Act, into concrete regulatory guidance for banks and their fintech subsidiaries that wish to use or issue stablecoins.  In a notice of proposed rulemaking approved by the FDIC Board, the agency lays out “a prudential framework”… Continue reading FDIC Advances Rulemaking For GENIUS Act: New Framework For Stablecoin Issuers→

GENIUS Act Key Provisions In Spotlight: XRP Attorney Deaton Alerts To Bankers’ Role

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In the lead-up to the potential passage of the crypto market structure bill, known as the CLARITY Act, Faryar Shirzad, Chief Policy Officer at Coinbase, shed light on the ongoing discussions surrounding key provisions of the already enacted GENIUS Act.  GENIUS Act Under Fire Shirzad noted that the stablecoin rewards provisions of the GENIUS Act… Continue reading GENIUS Act Key Provisions In Spotlight: XRP Attorney Deaton Alerts To Bankers’ Role→