Proposed GENIUS Act Overhauls US Stablecoin Regulation with Banking Path, Yield Ban, and Reserve Mandates
The draft Guaranteeing Economic Stability Through Trusted Institutions (GENIUS) Act has been introduced to radically reshape U.S. stablecoin oversight, prioritizing banking integration while leaving key decentralized finance (DeFi) regulatory questions unresolved. This comprehensive framework incentivizes stablecoin issuers to obtain national… Read More »Proposed GENIUS Act Overhauls US Stablecoin Regulation with Banking Path, Yield Ban, and Reserve Mandates