TokenPost topic
GENIUS Act
16 TokenPost stories are tagged GENIUS Act. The newest appear first.
Latest GENIUS Act stories
- GENIUS Act Sets Federal Rules for Payment Stablecoin Issuers
The law requires at least 1-to-1 reserves for permitted payment stablecoin issuers. The a16z Crypto Korea Summit in Seoul is scheduled for Oct. 1 with a focus on institutional finance moving onchain.
· Regulation
- Sen. Steve Daines Introduces ADAPT Act for Digital Asset Taxes
The proposal would exempt qualifying stablecoin purchases from transaction-by-transaction capital-gains calculations while extending some anti-avoidance rules to digital assets.
· Regulation
- Treasury Official Luke Pettit to Leave Department for Private Sector in October
Pettit led the Trump Accounts program for children and worked on legislation related to the GENIUS Act and CLARITY Act.
· People
- Federal Reserve Seeks Comment on GENIUS Act Stablecoin Rules
The proposals would establish a framework for regulated payment stablecoin issuers through full-reserve requirements and an approval process.
· Regulation
- Fed Proposes Stablecoin Rules With Full Reserves, Capital Charges
The proposals would require one-to-one reserve backing, set risk-based capital charges and establish a tailored approval process for supervised banks seeking to issue stablecoins.
· Regulation
- Fed Proposes Two-Day Redemptions, Capital Rules for Stablecoin Issuers
The proposal would require risk-based capital, 1:1 reserve backing and monthly reserve disclosures as the GENIUS Act moves toward implementation.
· Regulation
- Fed Proposes Reserve and Capital Rules for GENIUS Act Stablecoins
The proposal would require full backing with short-term Treasury bills or other highly liquid assets and create a standardized capital framework for issuers.
· Regulation
- Giancarlo Says Higher Rates and U.S. Debt Strengthen Bitcoin Case
Former CFTC Chair Chris Giancarlo said Bitcoin’s fixed supply gives it a stronger monetary argument as government spending expands, currencies lose value and U.S. debt rises.
· People
- Coinbase CEO Says Deposit Lending Distinguishes Banks From Stablecoins
Brian Armstrong said Coinbase is not engaging in fractional-reserve lending as U.S. policymakers debate whether stablecoin rewards should face bank-style restrictions.
· Regulation
- Stablecoin Cross-Border Flows Rise 77.5% to $220.3 Billion
Transfers increased in the 12 months ending June 2026 even as total crypto market capitalization fell 37% to $2.1 trillion.
· Business
- Wise to Reapply for OCC Trust Charter Amid Evolving U.S. Stablecoin Rules
Wise plans to reapply for a U.S. OCC trust charter under the GENIUS Act framework despite a recent rejection, signaling fintech efforts to align with evolving stablecoin regulations.
· Regulation
- Circle Faces GENIUS Act Deadline as Stock Slumps, Insider Sale Weighs
Circle faces mounting investor pressure ahead of the GENIUS Act deadline as shares decline sharply and a $3.98 million insider sale adds to concerns over regulatory readiness.
· Regulation
- BIS Says Stablecoins Resemble ETF-Like Assets, Not True Money
The Bank for International Settlements said stablecoins act more like ETF-like assets than money, highlighting redemption risks and regulatory gaps as the U.S. and Europe advance oversight frameworks.
· Regulation
- US Banking Lobby Challenges White House Stablecoin Yield Analysis, Warns of Deposit Flight
The American Bankers Association disputes a White House analysis on stablecoin yield, arguing it overlooks deposit outflow risks and potential harm to community bank lending.
· Regulation
- US Treasury Signals Tighter Stablecoin Oversight Under GENIUS Act
The U.S. Treasury outlined plans with OFAC and FinCEN to tighten oversight of stablecoins and crypto intermediaries under the GENIUS Act to curb illicit finance.
· Regulation
- Circle Set to Benefit More Than Coinbase as US Stablecoin Rules Advance
New analysis finds Circle may gain more than Coinbase as U.S. legislation advances, positioning regulated stablecoin issuers to benefit most from growing institutional adoption.
· Regulation