54 stories tagged #GENIUS Act

  1. FDIC Unveils Rules for Stablecoin Issuers Under GENIUS Act
    finance

    FDIC Unveils Rules for Stablecoin Issuers Under GENIUS Act

    FDIC releases proposed rules for stablecoin issuers under the GENIUS Act, setting prudential standards for reserve assets, capital requirements, and AML compliance.

    2mo ago 1 min read
  2. FDIC Clarifies Stablecoin Rules Under New GENIUS Act
    crypto

    FDIC Clarifies Stablecoin Rules Under New GENIUS Act

    FDIC proposes new regulations for stablecoin issuers under the GENIUS Act, focusing on corporate deposit insurance but excluding direct token holder protection.

    2mo ago 1 min read
  3. FDIC Proposes Rules for Stablecoin Issuers Under GENIUS Act
    crypto

    FDIC Proposes Rules for Stablecoin Issuers Under GENIUS Act

    Federal Deposit Insurance Corp approves formal approach to regulate stablecoin issuers as implementation of landmark legislation moves forward.

    2mo ago 1 min read
  4. Drift Protocol Loses $280M in Sophisticated Solana Exploit
    crypto

    Drift Protocol Loses $280M in Sophisticated Solana Exploit

    A $280 million exploit on Drift Protocol highlights vulnerabilities in Solana's durable nonce system and sparks criticism of Circle for failing to freeze USDC funds during the attack.

    2mo ago 1 min read
  5. Meta's Strategic Shift: Partnering for Stablecoin Payments in 2026
    crypto

    Meta's Strategic Shift: Partnering for Stablecoin Payments in 2026

    Meta is re-entering the stablecoin market by integrating existing regulated stablecoins into its platforms, focusing on user experience and payment distribution rather than issuing its own currency.

    2mo ago 2 min read
  6. Fed's Barr Urges Stronger Stablecoin Rules to Combat Money Laundering
    finance

    Fed's Barr Urges Stronger Stablecoin Rules to Combat Money Laundering

    Federal Reserve Governor Michael Barr calls for anti-money-lundering controls on stablecoins amid rising regulatory scrutiny.

    2mo ago 2 min read
  7. Fed Official Warns of Risks in Stablecoin Rollout
    crypto

    Fed Official Warns of Risks in Stablecoin Rollout

    Federal Reserve Governor Michael Barr emphasizes need for robust regulations as the U.S. implements the GENIUS Act.

    2mo ago 1 min read
  8. Tether Hires KPMG for First Full Audit of USDT
    crypto

    Tether Hires KPMG for First Full Audit of USDT

    Tether, the world's largest stablecoin by market cap, announces its first full audit by KPMG, aiming to bolster transparency amid plans for a major equity raise.

    2mo ago 1 min read