US Genius Act fuels global stablecoin race as Japan’s strict regulations hinder adoption despite early leadership.

The U.S. Treasury has taken the next step in implementing the recently passed GENIUS Act, formally requesting public comments ...

Das said that GENIUS won’t override existing laws but “will shape global standards through market weight.” The act’s ...

The EU is continuing to boost its initiative to create a digital euro, due in large part to the recent landmark legislation enacted in the U.S. to regulate its stablecoin market.

Banks are lobbying for a change to the new stablecoin legislation in the U.S., warning that a loophole in the regulation ...

Banking lobbies including the American Bankers Association, the Bank Policy Institute and the Consumer Bankers Association cautioned lawmakers ...

The President of the USD Coin (USDC) issuer Circle Heath Tarbert has held stablecoin-themed meetings with some of South Korea ...

As stablecoins gain broader adoption in the U.S., they will eat into banks' deposits. As a result, lending in the U.S. may be increasingly funded by the wholesale capital markets.

The future of USDC is also tied to the development of global regulations. Instead of an obstacle to innovation, regulatory ...

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The United States is advancing stablecoin regulation at great speed. At the center are legal certainty, easier market entry, ...

Thirty executives from top crypto companies have written directly to UK Finance Minister Rachel Reeves, calling for immediate ...