2026-6-10 09:15 |
Hyperliquid and Paradigm ask Treasury to narrow GENIUS Act AML rules they say could push regulated stablecoins away from open DeFi networks. origin »
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Decentralization has been the key differentiator between the world of cryptocurrencies and that of traditional finance. However, over the past decade, as cryptocurrencies like Bitcoin grew in populariThe post DeFi's DEX foray means centralized exchanges need to act appeared first on AMBCrypto.
2020-9-3 22:00 | |
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With bitcoin increasingly riding on Ethereum's rails, we're about to see greater complementarity between the top two blockchains.
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New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…
Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business.
Japan’s three megabanks plan a joint yen stablecoin in FY2026, creating a council to set issuance, governance and operating rules by launch.
Crypto investment firm Paradigm has urged the U. S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms from offering rewards tied to stablecoins.
GENIUS Act rules face a June 9 comment deadline as FinCEN and OFAC move stablecoin issuers toward AML and sanctions compliance.
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals.