Tagged: genius act

Coinbase Calls on US Department of the Treasury to Ensure GENIUS Act Guidelines are Consistent with Congressional Objectives

Crypto exchange Coinbase (NASDAQ:COIN) has recently called on the US Treasury Department to ensure that its rules and guidelines for the GENIUS Act are aligned and consistent with congressional objectives. Digital assets firm Coinbase noted that Treasury needs to avoid enforcing requirements that go beyond… Read More

Figure Co-founder Mike Cagney Predicts Emergence of Megabank Stablecoin Era

Mike Cagney, Co-founder and current Executive Chairman of Figure (NASDAQ:FIGR), which aims to transform capital markets by leveraging blockchain technology, predicts that the era of megabank stablecoin is coming. Cagney noted that the GENIUS Act will usher in JP Coin, and it will “suck the liabilities (deposits) out… Read More

Pete Balint of SolomonEdwards Comments on How Fintechs Can Establish Proper Crypto Governance Frameworks

Pete Balint, Partner at Financial Crimes Advisory at SolomonEdwards, has recently shared key insights with CI. As now widely reported, the 2025 GENIUS Act is reshaping how digital assets are regulated in the U.S. With new AML requirements, stablecoin issuers are now classified as financial institutions…. Read More

Solana, GENIUS Act & More: Web3 Discusses Crypto News

Web3 also opined on crypto treasuries, the GENIUS Act, Stablecoins and Solana Newer tokens risk damaging corporate crypto treasuries “Top few assets in crypto that have been around for years and their ecosystems have kept evolving have the depth and history to handle treasuries –… Read More

US Department of Treasury Seeks Public Input on AI, Blockchain Tools to Combat Digital Asset Crime

The US Department of the Treasury launched a public comment period seeking input on innovative technologies that financial institutions could use to detect illicit activity involving digital assets, including artificial intelligence and blockchain monitoring tools. The request fulfills requirements under the GENIUS Act, the stablecoin legislation… Read More

Web3 Thoughts of the Week: Regulatory Clarity, Bitcoin and More

Web3 continues to celebrate regulatory clarity in the United States. That, and Bitcoin’s recent movement, highlight our Web3 Thoughts of the Week. Web3 regulation to unlock innovation “What we’re seeing in Washington could be a historic turning point for digital assets. For years, the lack… Read More

STABLE Act a Good First Step, But Questions Remain

Federal oversight of stablecoins is forthcoming. Last month, the House Financial Services Committee reviewed the STABLE Act (HR 2392). Introduced by Chairman French Hill and Rep. Bryan Steil, the STABLE Act expands federal oversight of stablecoins by strengthening compliance mechanisms and providing clear rules for their… Read More

Our Revolution Recruits Sens. Warren and Merkley to Combat Genius Act

Our Revolution, a grassroots organization, hosted a national organizing call Monday night with Sens. Elizabeth Warren and Jeff Merkley to discuss the GENIUS Act, legislation that provides rules to govern the stablecoin sector, and mobilize a people-powered firewall against what it says is the crypto-corporate… Read More

Senator Tim Scott Shares Vision for Stablecoins and GENIUS Act, Aims to Position the US as Leader in Digital Assets Innovation

Senator Tim Scott, as Chairman of the Senate Banking Committee, has positioned the United States as a global leader in digital asset innovation through his advocacy for the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The United States will be the country… Read More

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