Congress Enacts GENIUS Act Mandating Strict Stablecoin Reserve Requirements
The new federal law codifies payment stablecoins as non-securities, compelling issuers to architect 1:1 reserve controls for immediate operational compliance.
Senate Committee Draft Grants CFTC Digital Commodity Spot Market Authority
The bipartisan Senate draft redefines market structure, formalizing CFTC oversight for digital commodities and mandating qualified custody for customer assets, fundamentally altering operational risk management.
Trinidad and Tobago Enacts VASP Law Aligning with Global FATF Standards
Global VASPs must immediately assess counterparty risk and compliance program extension to meet new FATF-aligned AML/CFT requirements in the Caribbean region.
Congress Passes GENIUS Act Establishing Payment Stablecoin Regulatory Framework
The passage of the GENIUS Act mandates 1:1 reserve backing and legal clarity, fundamentally altering the compliance architecture for all U.S. payment stablecoin issuers.
Senate Bill Grants CFTC Primary Oversight of Digital Commodity Spot Markets
The bipartisan Senate proposal to formalize CFTC jurisdiction over digital commodities mandates a fundamental re-architecture of market structure compliance.
US Congress Mandates Monthly Audits for Payment Stablecoin Issuers
Permitted payment stablecoin issuers must now operationalize monthly independent audits and executive certifications, fundamentally elevating reserve compliance risk.
US GENIUS Act Implementation Begins, Federal Stablecoin Framework Established
The enactment of the GENIUS Act mandates a systemic overhaul for stablecoin issuers, requiring 100% liquid reserve backing and full integration into the Bank Secrecy Act compliance architecture.
Senate Draft Grants CFTC Authority over Spot Digital Commodity Markets
The bipartisan Senate draft mandates CFTC registration and non-manipulation certification for digital commodity exchanges, fundamentally reshaping US market structure and compliance.
US Congress Passes Landmark GENIUS Act Establishing Stablecoin Framework
The GENIUS Act establishes the first federal framework for payment stablecoins, mandating reserve standards and clarifying non-security status.
