TLDR Paradigm and Hyperliquid Policy Center filed comments with U.S. Treasury. The groups asked FinCEN and OFAC to narrow stablecoin AML obligations. The proposed rule implements parts of the GENIUS Act. The rule treats payment […]
TLDR JPMorgan says the CLARITY Act’s path is shrinking ahead of the 2026 midterms. The bill cleared the Senate Banking Committee on May 14. It still needs 60 Senate votes, House reconciliation and Trump’s signature. […]
The Federal Deposit Insurance Corporation (FDIC) has moved to translate the country’s first crypto bill for stablecoins, the GENIUS Act, into concrete regulatory guidance for banks and their fintech subsidiaries that wish to use or […]
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