Genius Act
Coinbase Proposes Allowing Non-Issuers to Offer Stablecoin Interest Under GENIUS Act
- Banking groups call for blanket stablecoin interest prohibition, opposing Coinbase.
- BPI warns stablecoin interest could trigger $6.6 trillion in bank deposit outflows.
Thursday, 06/11/2025 | 13:42 GMT by
Tareq Sikder
Trump’s GENIUS Act Won’t Knock UAE Off Crypto Throne
- Despite this US effort, the UAE has long been ahead in crypto regulation and infrastructure.
- The UAE attracts crypto issuers and exchanges, with over 500 crypto startups operating domestically.
Friday, 05/09/2025 | 07:11 GMT by
Fiorenzo Manganiello
Trump Signs GENIUS Act Into Law, Setting Stage for Wider Crypto Oversight
- The law delegates implementation to federal financial and banking regulators, who will determine which entities can issue stablecoins.
- It marks the first official U.S. move to regulate stablecoins and lays the groundwork for future digital asset legislation.
Friday, 18/07/2025 | 20:56 GMT by
Jared Kirui
XRP and Ether Lead Crypto Rally as Market Cap Hits $4 Trillion After GENIUS Act Approval
- XRP jumps nearly 20%, trading near $3.45 amid new U.S. digital asset regulations.
- Bitcoin and major tokens saw moderate gains, while Ether rose about 8% during the day.
Friday, 18/07/2025 | 11:36 GMT by
Tareq Sikder
Trump’s Genius and Crypto Acts Stall, But He’ll Be Back
- Trump’s Genius Act, crypto bills failed to pass the House after conservative revolt.
- Legislation promised deregulation, tax incentives, crypto clarity.
- Trump believes he now has the votes and vows to try again.
Wednesday, 16/07/2025 | 10:30 GMT by
Louis Parks
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