OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January…
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to…
US Treasury moves forward with rules on GENIUS Act after July deadline
The stablecoin bill signed into law last year is scheduled to go into effect in January 2027, potentially without finalized regulations from US government…
US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks
In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and crossborder cooperation, reinforcing a…
BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchainbased money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.…
BlackRock expands tokenized cash with new blockchain-based money market offerings
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. Source：CoinDesk
Wise to resubmit US charter application under GENIUS Act
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.…
The GENIUS Act turns 1: State of Crypto
The stablecoinfocused GENIUS Act became a law a year ago. Source：CoinDesk
US agencies miss GENIUS Act deadline for final stablecoin rules
US regulators failed to finalize implementing regulations by the GENIUS Act’s oneyear deadline, issuing 10 proposed rules instead. Source：Cointelegraph
U.S. senators seek to block foreign adversaries from AI technology in new bill
Senators Tim Scott and Bill Hagerty, who managed to push the crypto GENIUS Act into law, introduced the bill to give the government powers to defend U.S. AI.…