News Archive
Browse retained market reporting from the past 30 days.
PYMNTS
As the Treasury Department prepares to implement the GENIUS Act, it is seeking comment on its proposed framework for how to decide when a payment stablecoin issuer needs to obtain a GENIUS license as well as when and how payment stablecoins can be offered and sold in U.S. markets, the department said in a Monday (Aug.
AMBCrypto
Treasury's proposal could restrict US access to stablecoins from unauthorized issuers and require exchanges to conduct additional checks.
Crypto Briefing
The proposed rule could reshape the stablecoin market, favoring US issuers and increasing compliance costs for foreign competitors. US Treasury proposes rule for vetting offshore stablecoin issuers.
Benzinga
Treasury Secretary Scott Bessent released the long-awaited GENIUS Act stablecoin licensing rules Monday, setting out who needs a federal license to issue or sell stablecoins in the United States. What are the GENIUS Act Licensing Requirements?
Unchained
The proposal sets when offshore issuers can reach American users, and puts a due diligence duty on the exchanges that list their tokens.
The Block
Under the law, entities generally cannot issue payment stablecoins in the U.S. without obtaining an appropriate federal or state license.