Tagged: the genius act

November 13, 2025 @ 10:32 am By JD Alois  |  

In comments delivered today at the Treasury Market Conference, held at the Federal Reserve Bank in New York, Secretary of the Treasury Scott Bessent speculated about the looming growth of the stablecoin market. “Payment Stablecoins,” as defined under the GENIUS Act, are expected to boost… Read More

October 6, 2025 @ 4:59 pm By JD Alois  |  

While the United States has turned away from the concept of a retail central bank digital currency (CBDC), other jurisdictions, such as Europe and China, have embraced it. As has been reported, a digital Euro is in the works with the European Central Bank (ECB)… Read More

September 30, 2025 @ 1:25 pm By JD Alois  |  

Stablecoins can be viewed as a new form of payments. Transfers can be instantaneous, secure, and at a very low cost. As firms that offer stablecoins must hold reserves in safe assets, such as US Treasuries, these funds are generating interest. Yet, stablecoin issuers are… Read More

September 25, 2025 @ 2:14 pm By Omar Faridi  |  

The GENIUS Act is ushering in a new era of regulatory oversight for digital assets, particularly stablecoins, in the United States. By classifying stablecoin issuers as financial institutions, mandating Anti-Money Laundering (AML) programs, and requiring third-party audits, the legislation signals that cryptocurrencies can no longer… Read More

September 19, 2025 @ 9:05 am By JD Alois  |  

The US Department of the Treasury is seeking public feedback on the implementation of the GENIUS Act, the legislation that legalized the issuance and usage of payment stablecoins. The Advance Notice of Proposed Rulemaking or ANPRM aims to garner insight into the new sector of… Read More

August 19, 2025 @ 9:05 am By JD Alois  |  

Wyoming will issue its own stablecoin labeled FRNT or Frontier. Formerly called WYST, the stablecoin is already live on Avalanche, according to the company. The announcement was made at the SALT Wyoming Blockchain Symposium, which is taking place this week. FRNT is reportedly fully backed… Read More

August 18, 2025 @ 3:05 pm By JD Alois  |  

The U.S. Department of the Treasury has initiated a request for comments on stablecoins. The initiative is mandated under the GENIUS Act, which was recently signed into law. The GENIUS Act outlines the process to establish regulations for payment stablecoins. The regulatory framework will provide a federal… Read More

August 6, 2025 @ 3:52 pm By Omar Faridi  |  

Daniel Liu, CEO of Republic Technologies, recently shared key insights with CI on the GENIUS Act and the next phase of institutional Ethereum adoption. He also commented on the role of Ethereum (ETH) in the DeFi and broader blockchain / web3 space. In addition to… Read More

August 4, 2025 @ 9:24 am By JD Alois  |  

Stablecoins, although often lumped in with cryptocurrency, are actually a new technology that enables payments and transfers. Digital currency, or payments stablecoins, holds the promise of faster, cheaper, and more secure transfers compared to the more traditional processes widely used today. There was a period… Read More

July 28, 2025 @ 3:14 pm By Tony Zerucha  |  

Everything’s in place for Web3 minds to deliver value to every area of finance, beginning with home ownership and extending to areas like instant payments and budgeting. For John Nahas, Ava Labs’ chief business officer, it’s about time. 3 keys to the impending boom Nahas… Read More

July 24, 2025 @ 9:33 am By JD Alois  |  

Punitive policies directed toward digital asset innovation compelled many entrepreneurs to flee the US during the Biden Administration. It is difficult to estimate the extent to which this myopic approach has undermined the Fintech sector in the country, but fortunately, the Trump Administration has embraced… Read More

July 23, 2025 @ 1:43 pm By Omar Faridi  |  

On July 18, 2025, the U.S. financial sector seemingly took a significant leap forward with the signing of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a key piece of legislation that establishes a federal framework for stablecoins like USD Coin (USDC)…. Read More

July 23, 2025 @ 11:56 am By Tony Zerucha  |  

Parfin CEO Marcus Viriato recently shared his thoughts on several key issues facing stablecoins in the weeks ahead. Is the U.S. House of Representatives’ ‘Crypto Week’ a signal to both the traditional finance and Fintech industries that we’re almost over the final hurdle to mass… Read More

July 22, 2025 @ 2:44 pm By Omar Faridi  |  

    The US Senate recently approved  the GENIUS Act (S 1582) with a bipartisan 68–30 vote —marking a watershed moment for stablecoin regulation. The legislation was soon signed into law by President Donald Trump, who declared a significant victory for the administration. The legislation… Read More

July 22, 2025 @ 11:56 am By JD Alois  |  

CI has received some commentary from the CEO of AMINA Bank regarding the recent crypto legislation that was approved in the US House of Representatives. The GENIUS Act, payment stablecoin legislation, is now law after being signed by President Donald Trump. The CLARITY Act, a… Read More

July 21, 2025 @ 5:11 pm By Omar Faridi  |  

On July 18, 2025, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) into law, marking a historic milestone for the cryptocurrency industry. This legislation establishes the first comprehensive federal framework for regulating stablecoins—digital currencies pegged to assets… Read More

July 19, 2025 @ 11:23 am By Tony Zerucha  |  

CEOs Michael Carbonara of Ibanera and Nigel Green of deVere Group weighed in on the GENIUS Act and the Clarity Act. “The GENIUS and Clarity Acts represent a long-overdue inflection point for digital finance in the United States. For years, innovation has outpaced regulation, forcing… Read More

July 18, 2025 @ 7:42 pm By JD Alois  |  

President Donald Trump signed the GENIUS Act (S 1582) into law today in a landmark move that adds to the legitimacy of the crypto industry. In a grand ceremony today, President Trump declared the legislation Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, Tether CEO Paulo Ardoino, Robinhood… Read More

July 18, 2025 @ 1:23 pm By JD Alois  |  

Yesterday, several bills were approved in the House of Representatives that should dramatically change the landscape for the digital asset sector. The GENIUS Act is legislation that provides federal rules for the issuance and usage of payment stablecoins. This bill will soon be signed into… Read More

July 17, 2025 @ 4:27 pm By JD Alois  |  

After a choppy week of political posturing, the GENIUS Act (S 1582), the legislation that provides federal rules for payment stablecoins, has been approved in the House of Representatives. This means the legislation will soon be presented to the President’s desk to be signed into… Read More