U.S. banks are moving closer to issuing dollar-backed stablecoins after the Federal Deposit Insurance Corporation (FDIC) ...
Banks are unlikely to get the language of the GENIUS Act amended to better defend deposits. But Noelle Acheson explains how ...
The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins ...
Stablecoins gained significant traction in 2025. Boosted by regulatory progress, they are no longer viewed as a crypto niche.
Banks worry stablecoins will drain deposits. Data says they won't. The real value is replacing settlement rails built on duct ...
The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start ...
Traditional digital payment networks are on their last legs. Global card payments are projected to reach $16.3 billion in ...
Ripple’s USD-backed stablecoin, RLUSD, has hit a $1.26 billion market cap in less than a year. That makes it the ...
FDIC acting Chairman Travis Hill announced the agency will submit initial GENIUS Act new rules for stablecoins by the end of December.
The bank said bipartisan Senate talks on market structure legislation and parallel GENIUS Act rulemaking could deliver a ...
During his remarks at the White House in July, President Trump labeled himself a genius. Trump stated, "The Genius Act—they named it after me." ...
FSOC drops crypto from systemic threats list as GENIUS Act and regulatory reforms reshape U.S. digital asset oversight ...