OCC Proposal Targets Stablecoin Yield Under GENIUS Framework
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.
Digital asset wealth platform Nexo has officially resumed operations in the United States, offering a suite of regulated services powered by Bakkt. The move follows a three-year hiatus after the firm previously exited due to regulatory challenges.
Crypto advocates are countering Wall Street calls for a blanket ban on stablecoin yield as US lawmakers debate key provisions in pending market structure legislation.
Arizona’s attorney general issued a public warning as losses from crypto ATM scams surged, with older adults accounting for a large share of victims.
Tether has formally launched USA₮, a federally regulated, dollar-backed stablecoin issued by Anchorage Digital Bank under the United States’ new GENIUS Act framework.
A federal judge has temporarily blocked Tennessee regulators from enforcing a cease-and-desist order against prediction market Kalshi.
YouTube has activated a new payout option allowing US creators to receive earnings in PayPal’s PYUSD stablecoin. The move follows broader institutional adoption of regulated digital dollar tokens.
PayPal has initiated a major Bitcoin sweepstakes offering over $1 million in prizes to US customers, aiming to incentivize platform engagement and drive crypto transaction volume.