State Street unveils stablecoin fund as GENIUS Act reshapes reserves
State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve assets can be...
Tag : GENIUS
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the ability...
State Street launches GENIUS Act-aligned money market fund for stablecoin reserves
State Street Investment Management has launched a money market fund designed for stablecoin issuers, offering a vehicle for holding reserve assets under the framework established...
Anchorage backs Treasury’s GENIUS AML rules, seeks secondary-market sanctions clarity
Anchorage Digital, a federally chartered crypto bank and stablecoin infrastructure provider, has submitted a public comment letter supporting the US Treasury Department’s proposed Anti-Money Laundering...
Paradigm, Hyperliquid Policy Center Push Back on GENIUS Act Stablecoin AML Rule
In brief Paradigm and the Hyperliquid Policy Center challenged proposed AML and sanctions rules for stablecoin issuers. The groups warned that treating secondary market activity...
Hyperliquid, Paradigm urge revision of GENIUS money laundering rule
The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering and...
GENIUS Act deadline puts stablecoin issuers on notice
The GENIUS Act is moving into a key rulemaking stage as digital dollar users and stablecoin issuers face a June 9, 2026 deadline for comments...
How the GENIUS Act made USDC wall street’s stablecoin
The GENIUS Act, signed into law on July 18, 2025, established the first comprehensive federal framework for stablecoins in the United States. Summary USDC’s reserve...
Binance adds GENIUS as its 65th HODLer Airdrop
Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders. Summary Binance will distribute 10 million GENIUS tokens...
Banks push back on GENIUS Act rules as Agora races for a federal charter
Major US banking trade groups have asked the Treasury Department and the FDIC to pause three GENIUS Act rulemaking comment periods until the OCC finalises...