TokenPost topic
GENIUS Act
90 TokenPost stories are tagged GENIUS Act. The newest appear first.
Latest GENIUS Act stories
- Treasury Proposal Would Add Due Diligence Rules for Stablecoin Issuers
The plan would place third-party counterparties within a federal and state licensing framework and align issuer checks with existing banking rules.
· Regulation
- DeFi lending beyond stablecoin rules: Two-minute price error triggers $3 million in liquidations
A two-minute price error on Vesu liquidated 47 positions worth roughly $3 million. CoinDesk examines why stablecoin issuer protections do not extend to DeFi lending risks.
· Insights & Views
- Elliptic Executive Discusses GENIUS Act Compliance at Momentum 2026
The GENIUS Act was signed into law July 18, 2025, ahead of the Jan. 18, 2027, permitted-issuer qualification date.
· Regulation
- Sharplink Targets More ETH Exposure Per Share Through Treasury Strategy
Management gave no numerical growth target and said third-quarter staking performance exceeded the CESR benchmark without quantifying the margin.
· Business
- US Bitcoin reserve needs stronger custody alongside an end to government sales, Witt says
Patrick Witt said the US Bitcoin reserve requires stronger custody alongside halted government sales. He also described difficulties in establishing holdings and political obstacles to crypto legislation.
· Regulation
- OCC Approval Advances Bridge’s Bid for a Federal Trust Bank Charter
The order requires at least $45 million in capital and preopening checks; a bank charter does not replace separate issuer approval under the GENIUS Act.
· Regulation
- The Bitcoin Historian Claims Pappas Voted for Two Crypto Bills
A Nov. 7 post alleged the New Hampshire Democrat voted for both measures while in Congress, but listed no vote dates or roll-call references.
· Regulation
- Bitget Wallet Expects CLARITY Act Delay After Democratic Sweep
Lacie Zhang sees little near-term change in trading or product access and expects future market structure legislation could be delayed or rewritten to emphasize consumer safeguards.
· Regulation
- Bitcoin Historian Post Claims House Democrats Are Working on CLARITY Act
The Nov. 4 post gave no legislative details. Past votes showed different levels of Democratic support for the CLARITY and GENIUS acts.
· Regulation
- Andy Barr Wins Kentucky Senate Race, Offering Crypto Industry a Potential Ally
Barr received 55% of the vote and backed the CLARITY and GENIUS bills in the House.
· Regulation
- GENIUS Act Does Not Broadly Exempt Stablecoin Firms From State Licensing
Exchanges, wallets, payment processors and remittance companies may still need federal registration and state licenses, depending on how they handle customer funds.
· Regulation
- U.S. Midterm Results Leave Crypto Legislation’s Path Uncertain
Roy Cooper, Jon Ossoff and Chris Pappas won races as control of Congress remained undecided Wednesday, Nov. 4.
· Regulation
- Democrats Lead Early in House and Senate Midterm Returns
The partial count has not established control of either chamber. The election could affect the path of crypto legislation, including the CLARITY Act.
· Regulation
- CLARITY Act Stays Stalled, Leaving U.S. Crypto Market-Structure Rules Unresolved
The House passed the measure in 2025, but a September Senate vote on advancing it fell short of the 60 votes needed for cloture.
· Regulation
- Fischer Says Proposed CLARITY Act Would Not Have Prevented Binance Hack
Amanda Fischer says mixers and pseudonymous transfers can help stolen funds move. Binance’s Oct. 30 update put on-chain freezes at about $3 billion.
· Regulation
- Circle Seeks Zero SEC Staff Haircut for GENIUS Act-Compliant Payment Stablecoins
The request applies to payment stablecoins that meet the GENIUS Act and objective safeguards. Circle also wants qualifying stablecoins treated as cash under some securities offering and customer-reserve rules.
· Regulation
- OCC Opens Revised Stablecoin Issuer Reporting Forms for Comment
The forms cover OCC-supervised permitted payment stablecoin issuers and foreign issuers registered with the agency, with weekly confidential filings and quarterly financial reports.
· Regulation
- OCC Publishes Stablecoin Rule With Jan. 18, 2027, Effective Date
The rule sets requirements for permitted payment stablecoin issuers and foreign payment stablecoin issuers under OCC jurisdiction, and addresses certain custody activities at entities it supervises. The agency receive…
· Regulation
- Ripple CEO Calls GENIUS Act a Milestone as CLARITY Act Stalls
The act's payment-stablecoin issuer regime is scheduled to take effect Jan. 18, 2027. A September Senate vote did not end the CLARITY Act.
· Regulation
- OCC Finalizes Rules for Stablecoins Under the GENIUS Act
The OCC oversees national banks and federal savings associations. Bitcoin also fell below $80,000 as investors weighed a possible December interest rate increase.
· Regulation
- Anchorage Issues USAT as OCC’s GENIUS Act Application Process Remains Unopened
Tether provides technology and supports the token’s branding, strategy and distribution. Only approved customers can mint or redeem USAT directly.
· Regulation
- Fairshake And Affiliates Spent $150.8 Million Through Oct. 20
Other crypto groups accounted for about $25 million. Coinbase, Ripple and Andreessen Horowitz are the effort’s primary financiers.
· Regulation
- French Authorities Urge EU to Allow Conditional Stablecoin Rewards
The proposal would require disclosures and monitoring of bank deposits. The European System of Central Banks wants the ban extended to indirect rewards and other yield.
· Regulation
- OCC Finalizes First GENIUS Act Rule, Effective Jan. 18, 2027
The rule covers reserves, redemptions, custody and supervision.
· Regulation
- OCC Urges Community Banks to Build Stablecoin Capacity Ahead of 2027 Rules
The rules take effect Jan. 18, 2027. Applications can open after the Office of Management and Budget approves the information collection tied to the forms.
· Regulation
- Andreessen Horowitz Urges Treasury To Protect Digital ID Privacy
Its Oct. 17 letter focused on identity verification and supported zero-knowledge proofs as a tool for limiting personal data disclosure.
· Regulation
- Ripple Policy Lead Rahul Advani Flags Cross-Border Stablecoin Recognition Gap
Advani appeared on an Atlantic Council panel in Bangkok. Banks assess stablecoins by their backing, Basel capital treatment, around-the-clock liquidity and fit with custody and treasury systems.
· Regulation
- BPI Seeks Clearer OCC Disclosure on Stablecoin Reward Reviews
The final rule removes a proposed presumption against some third-party arrangements but leaves them subject to case-by-case review. It takes effect Jan. 18, 2027.
· Regulation
- US crypto policy shift encourages overseas stablecoin adoption
Saeed Badreg said US crypto policy is encouraging foreign governments to accept stablecoins and major banks to invest, with changes that could outlast the Trump administration.
· Regulation
- OCC Tracks Stablecoin Risks to Community Bank Deposits as Effects Remain Unclear
Estimates of the deposit impact vary widely. Earlier OCC guidance tied issuer requirements and bank examinations to different factors.
· Regulation
- ICBA Estimates Stablecoins Could Cut Community Bank Lending by $850 Billion
The OCC kept the stablecoin yield ban but removed a presumption against some arrangements involving issuers, affiliates and third parties, leaving them to case-by-case review.
· Regulation
- OCC Stablecoin Rule Sets First Reports for Jan. 25, 2027
The confidential PS-01 form will track unpaid tokens and redemption times; both initial report dates depend on Office of Management and Budget approval.
· Regulation
- Bessent says stablecoins will strengthen dollar dominance as US seeks crypto hub role
Bessent said dollar-backed stablecoins could strengthen US currency dominance and help establish US regulation as a global benchmark for crypto.
· Regulation
- SMQKE Says GENIUS Act Could Benefit XRP Through RLUSD Use
The crypto researcher pointed to XRP fee burns on the XRP Ledger and a possible bridge-currency role if RLUSD use expands.
· Regulation
- Cody Carbone Says Stablecoin Rules Matter for U.S. Crypto Builders
On The Brave Technologist Podcast, the Digital Chamber CEO linked clear rules to developer confidence. The GENIUS Act’s payment-stablecoin issuer regime is scheduled to start Jan. 18, 2027.
· Regulation
- NYSE Highlights OCC's Final Rule for Payment Stablecoin Issuers
The rule addresses reserves, redemptions and related services. U.S. issuer approval requirements generally begin Jan. 18, 2027.
· Regulation
- President Trump Signs GENIUS Act, Setting a Federal Stablecoin Framework
The Office of the Comptroller of the Currency is expected to write regulations implementing the framework.
· Regulation
- Austin Hilton Says XRP Needs More Liquidity to Sustain a Rally
He agreed with an analysis citing Bitcoin strength and positive social sentiment, while separately pointing to finalized U.S. stablecoin rules.
· Insights & Views
- Senate Democrat Seeks Tether Records on Payments to Bo Hines’ Firm
Sen. Richard Blumenthal’s letters seek contracts, payment records and crypto wallet addresses from Tether and Nxum Group. Both companies are asked to respond by Nov. 3.
· Regulation
- OCC Sets Crypto Guidance for Community Banks Under GENIUS Act
The framework tailors issuer requirements to business models and risk profiles and sets examination cycles based on institutional size and complexity.
· Regulation