Why US community banks say the GENIUS Act has a stablecoin loophole
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Wall St chief wants AI to reshape the bank but the question is how exactly it will measure success...
Brian Armstrong and crew stated that they cannot support the draft bill in its current state, leading to a delay in today's scheduled markup....
Peeling back the layers of the ambiguously-regulated US prediction market...
A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....
It's unclear when US lawmakers will return to address a market structure bill, but CEO David Solomon said Goldman Sachs was monitoring its progress for tokenization and stablecoins....
Article URL: https://www.coveragecat.com/careers/operations/fractional-operations-specialist Comments URL: https://news.ycombinator.com/item?id=46615078 Points: 0 # Comments: 0...
Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...
Lenders rebalance books as tight liquidity from kingdomâs megaprojects forces them to look overseas for funding...
Figure meets expectations but experts warn of distorted data...
Watch French President Emmanuel Macron's speech at the World Economic Forum in Davos, Switzerland....
Latvijas Banka governor and ECB policymaker urges policymakers to prepare financial system for direct military attack...
By integrating WalletConnect Pay, Ingenico is testing whether stablecoins can function as a practical alternative to card networks in everyday commerce....
Fundâs chief economist says there are reasons to be concerned about a potential AI correction...
David Webb, the corporate governance activist renowned for his free public database and his explosive âEnigma Networkâ exposĂ© that rocked the Hong Kong stock exchange, has died aged 60 of metastatic p...
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
German Chancellor Friedrich Merzâs first visit to Asia has raised Indiaâs hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...
South Korea is reportedly reviewing exclusive bank partnerships for crypto exchanges as regulators assess competition and prepare the Digital Asset Basic Act....
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said....
OpenAI plans to focus on "practical adoption" of AI in 2026, according to a blog post from CFO Sarah Friar . As the company spends a huge amount of money on infrastructure, OpenAI is working on "closi...