The US Treasury’s proposed GENIUS Act rules aim to restrict the distribution of stablecoins on American exchanges. By July 2028, platforms must ensure issuers meet specific regulatory standards, potentially limiting access to offshore tokens like USDT while exempting self-custody.
Le département du Trésor américain a publié sa première proposition majeure pour appliquer le GENIUS Act encadrant les stablecoins. Un texte très attendu malgré un délai initial dépassé, ouvrant une consultation publique de 60 jours.
The US Treasury Department issued a notice of proposed rulemaking for the GENIUS Act stablecoin framework, opening the rule to a 60-day public comment period ahead of the law's January 2027 implementation.
The U.S. Department of the Treasury proposed rules under the GENIUS Act requiring stablecoin issuers to obtain federal or state licenses starting January 18, 2027, and restricting platforms from selling non-compliant stablecoins by July 18, 2028.
The US and UK reaffirmed financial regulatory cooperation on digital assets during a bilateral working group meeting, discussing stablecoin legislation, tokenization, and market structure.
BlackRock, the world's largest asset manager, has introduced two new tokenized money market products, BSTBL and BRSRV, designed to serve as reserve assets for stablecoins. This move expands BlackRock's presence in the blockchain infrastructure and tokenized Treasury market.
Wise to apply for a national trust bank charter under the GENIUS Act after OCC rejection citing AML/CFT compliance issues.
La Commission européenne prévoit de réviser MiCA en 2027 pour inclure les émetteurs de stablecoins hors UE, suite au GENIUS Act américain. La consultation publique pour "MiCA 2.0" est ouverte jusqu'au 31 août 2026.
Les régulateurs américains sont sous pression pour finaliser les règles d'application du GENIUS Act, une loi encadrant les stablecoins, avant l'échéance du 18 juillet 2026. Six agences doivent accorder leurs violons pour définir la circulation de dizaines de milliards de dollars.
The Federal Reserve has proposed new rules for American crypto firms to evaluate customers and prevent money laundering, following the legalization of stablecoins under the GENIUS Act. The rules require digital asset service providers to verify customer identities and cross-reference data with government watchlists.
A bipartisan group of US senators, led by Cynthia Lummis, urged the Treasury to allow state authorities to regulate stablecoin issuers under the GENIUS Act. They emphasized preserving the dual banking system and ensuring a flexible state certification process for stablecoins under $10 billion market value.
Anchorage Digital, a crypto bank, has submitted a public comment letter supporting the US Treasury Department's proposed Anti-Money Laundering (AML) and sanctions framework for the GENIUS Act. The company believes the rules strike a balance between compliance and innovation but seeks clarification on secondary-market sanctions liability.
Hyperliquid Policy Center and Paradigm asked the US Treasury to adjust proposed AML/sanctions rules for stablecoin issuers, arguing secondary market obligations are unpoliceable and could harm DeFi.
The BoE Governor warned U.S. dollar tokens could flood Britain in a crisis, given the gap in redemption guarantees under the GENIUS Act.
Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July.
The GENIUS Act provides a federal framework for US stablecoins, but stringent implementation rules by Treasury, the OCC, and the FDIC are creating high compliance costs that favor established financial institutions over smaller crypto-native issuers.
Le marché des stablecoins, dominé par Tether, génère des profits records grâce aux intérêts sur la dette américaine. Cependant, le GENIUS Act interdit aux émetteurs de reverser ces intérêts aux utilisateurs, poussant ces derniers vers la finance décentralisée (DeFi).
Washington is turning stablecoins into regulated payment instruments while trying to keep issuer-paid yield away from holders. That combination changesthe economics of digital dollars and puts the value of user balances up for grabs across the intermediary stack. The GENIUS Act bars permitted payment stablecoin issuers and foreign payment stablecoin issuers from paying holders any […] The post CLARITY Act stablecoin fight shifts from yield to who captures digital-dollar economics appeared first on CryptoSlate.
US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits. On April 22, the American Bankers Association (ABA) and three other banking trade groups […] The post US Bankers push for 60 day delay to stop national stablecoin rules going live appeared first on CryptoSlate.
US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits. On April 22, the American Bankers Association (ABA) and three other banking trade groups […] The post US Bankers association push for 60 day pause to stop stablecoin rules going live appeared first on CryptoSlate.
Plusieurs associations bancaires américaines, dont l'American Bankers Association et le Bank Policy Institute, ont demandé le 21 avril aux autorités fédérales un report de 60 jours des délais de consultation sur les règles du GENIUS Act. Elles arguent que les propositions du Trésor, de la FDIC et de l'OCC sont interdépendantes, rendant impossible toute analyse pertinente sans la version finale du régulateur principal.
Washington isn't trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for one specific category of digital asset: the regulated, dollar-pegged stablecoin. The GENIUS Act established the first federal regulatory framework for payment stablecoins, and a bipartisan House tax discussion draft now proposes friendlier tax […] The post Congress on verge of making regulated dollar stablecoins act almost like digital cash appeared first on CryptoSlate.
