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Since November 2024, XRP rallied from a low of about 50 cents to a high of $3.67. Much of that is attributable to positive ...
On August 12, a coalition of banking trade associations sent a joint letter to Congress warning that the recently enacted GENIUS Act contains ...
U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.
The GENIUS Act would allow Special Purpose Depository Institutions, which are state-chartered uninsured banks, to expand to ...
A broad reading of the statute, and the meaning of 'consumer,' would create the risk for a lot of liability for a lot of ...
Mark Salzberg of Squire Patton Boggs discusses changes to the U.S. Bankruptcy Code with the GENIUS Act, which establishes a regulatory framework for stablecoins, and the effects on priority, debtor-in ...
U.S. bank groups seek to expand GENIUS Act limits on stablecoin interest, raising broader questions over global payments ...
The reversal risks declawing a century of consumer financial protections and replacing the backbone of bank accounts.
Bank groups, especially those representing the largest institutions, did little in the way of a public campaign against the ...
In a Sunday interview, Massachusetts Senator Elizabeth Warren signaled that she planned to double down on her opposition to Republicans’ efforts to pass crypto market structure.
Senator Elizabeth Warren calls for comprehensive crypto regulations to prevent economic blowups and corruption.
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