64 stories tagged #Genius Act

  1. US Treasury Proposes Strict Rules for Stablecoin Firms to Combat Illicit Transactions
    crypto

    US Treasury Proposes Strict Rules for Stablecoin Firms to Combat Illicit Transactions

    New U.S. Treasury regulations would require stablecoin issuers to implement robust controls against illicit finance, mirroring traditional financial institutions.

    3mo ago 1 min read
  2. Polygon Labs Plans $100M Stablecoin Unit
    crypto

    Polygon Labs Plans $100M Stablecoin Unit

    Polygon Labs explores $100 million funding to launch a regulated stablecoin payment unit, expanding its fintech footprint.

    3mo ago 1 min read
  3. 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.

    3mo ago 1 min read
  4. 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.

    3mo ago 1 min read
  5. 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.

    3mo ago 1 min read
  6. 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.

    3mo ago 1 min read
  7. 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.

    3mo ago 2 min read
  8. 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.

    3mo ago 2 min read