US Enacts GENIUS Act Establishing Federal Stablecoin Regulation
The GENIUS Act mandates comprehensive federal oversight for payment stablecoins, requiring robust reserve backing and clear redemption protocols to stabilize digital asset markets and enhance consumer protection.
US Enacts GENIUS Act, Establishing Federal Stablecoin Regulatory Framework
The GENIUS Act mandates a federal stablecoin framework, compelling issuers to meet stringent reserve and audit requirements, reshaping digital asset finance.
U.S. Enacts GENIUS Act, Federally Regulating Stablecoin Issuance and Reserves
The GENIUS Act establishes a federal framework for stablecoins, mandating 1:1 asset backing and regular audits, fundamentally altering compliance for issuers.
US Enacts GENIUS Act, Federally Regulating Payment Stablecoin Issuance
The GENIUS Act establishes a federal stablecoin framework, mandating 100% reserves and clarifying asset classification, thereby reshaping digital asset compliance.
U.S. Enacts GENIUS Act, Federally Regulating Payment Stablecoin Issuance
The GENIUS Act mandates bank-like oversight for stablecoin issuers, demanding robust reserves and comprehensive compliance frameworks.
Australia Proposes New Licensing for Digital Asset Platforms and Custodians
Australia's draft legislation mandates financial services licenses for digital asset platforms, enhancing oversight and consumer protection.
Australia Mandates Licensing for Digital Asset Platforms and Custodians
The new framework structurally reclassifies digital asset services as financial products, mandating AFSL compliance and robust client asset security.
US Enacts GENIUS Act, Establishes Federal Stablecoin Regulatory Framework
The GENIUS Act establishes a comprehensive federal framework for stablecoins, requiring 1:1 backing and monthly reserve reporting, while easing traditional finance entry.
US Congress Enacts GENIUS Act Establishing Federal Stablecoin Regulatory Framework
The GENIUS Act codifies payment stablecoins as a distinct asset class, mandating 1:1 reserve backing and creating a clear dual federal-state compliance path.
