Treasury Rulemaking Debates GENIUS Act Stablecoin Interest Ban Scope
The Treasury's interpretation of the GENIUS Act's interest ban is the new battleground, determining whether non-issuer yield models are viable.
US Congress Passes Landmark Stablecoin Bill Establishing Federal Reserve Standards
The GENIUS Act mandates payment stablecoin issuers maintain 1:1 liquid reserves, creating a preemptive federal licensing and asset classification framework.
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.
Bank of England Proposes Strict Reserve and Holding Rules for Systemic Stablecoins
Systemic stablecoin issuers must now architect reserves to meet a 40% central bank deposit mandate, fundamentally altering business model viability.
Bank of England Mandates Strict Reserve Rules Prohibiting Stablecoin Interest
New UK prudential standards impose a 60/40 reserve asset split and prohibit yield, fundamentally altering systemic stablecoin business models.
Bank of England Proposes Systemic Sterling Stablecoin Reserve and Holding Rules
The BoE's prudential framework mandates a 40% central bank reserve floor, fundamentally restructuring systemic stablecoin liquidity and risk architecture.
Bank of England Proposes Systemic Sterling Stablecoin Backing Asset Rules
Systemic stablecoin issuers must architect reserve holdings to a 60/40 split, formalizing prudential standards for UK digital settlement assets.
Bank of England Proposes Strict Reserve Rules for Systemic Sterling Stablecoins
Systemic stablecoin issuers must architect compliance frameworks to meet stringent 40% central bank reserve requirements, fundamentally altering capital strategy.
Senate Blocks GENIUS Act, Stalling Federal Stablecoin Regulatory Framework
The failure to enact the GENIUS Act mandates continued reliance on state-level licensing, increasing compliance friction for stablecoin issuers.
