Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law
Industry groups said repealing key provisions of the GENIUS Act would stifle competition and deny consumers meaningful choice.
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Industry groups said repealing key provisions of the GENIUS Act would stifle competition and deny consumers meaningful choice.
The Trump family’s crypto footprint is widening, and now dogecoin is part of the mix.
The FCA’s reversal of a ban on crypto ETNs after four years marks more than a regulatory tweak, with some industry voices calling it a turning point for Britain’s role in global crypto markets.
Galaxy, SharpLink, BitMine were among the names that plunged nearly 10% as risk appetite faded and bitcoin sunk to $113,000.
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.
Jenny Johnson said she likes the “picks and shovels” of the industry.
The investment management firm is bringing two of its hedge funds on-chain in partnership with Apex Group’s Tokeny.
Ripple distills a Singapore workshop into four custody best practices: compliance by design, tailored models, operational resilience and governance.
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.
The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the bill to be done by the end of September.