FDIC Stablecoin Rules Set for Release as GENIUS Act Advances
The Federal Deposit Insurance Corporation is in the process of releasing its initial draft of FDIC stablecoin regulations under the GENIUS Act that will be issued before the month is over. The release of the proposal by the acting chairman, Travis Hill, confirmed that it will address how stablecoin issuers can seek federal oversight, a […]
Senate Drafts Crypto Bill to Split SEC, CFTC Oversight
The Senate Agriculture Committee released a draft crypto bill defining CFTC and SEC roles in digital asset oversight and market regulation.