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Policy
US Banking Groups Urge Delay in Implementing Stablecoin Regulatory Framework
The cryptocurrency sector is once again finding itself entangled with banking interests in high-priority regulatory endeavors. This time, a coalition of banking trade associations has petitioned the US Department of the Treasury to extend the public consultation period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, enacted last year. In…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Push for Delay in Stablecoin Regulatory Implementation
The cryptocurrency sector is witnessing bankers taking an active role in shaping regulatory frameworks, with a coalition of bank trade associations recently requesting the US Department of the Treasury to extend the public consultation period for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a letter addressed to the Treasury Department and the Federal Depos…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Urge Caution on Stablecoin Regulatory Implementation
The cryptocurrency sector often finds itself at the forefront of regulatory efforts, with bankers playing a key role. Recently, a coalition of bank trade associations has petitioned the US Department of the Treasury to extend the public consultation period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a l…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Request Delay in Implementing Stablecoin Oversight Regulations
The cryptocurrency sector is often engaging with bankers on high-priority regulatory initiatives, and this time, a coalition of bank trade associations has urged the US Department of the Treasury to prolong the public consultation period for implementing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a letter submitted to the Treas…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Urge Slower Implementation of Stablecoin Regulatory Framework
The cryptocurrency sector is witnessing increased involvement from bankers in regulatory efforts, with a coalition of bank trade associations recently petitioning the US Department of the Treasury to extend the public consultation period for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a letter addressed to the Treasury Department and the Federal Deposit In…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Urge Slower Implementation of Stablecoin Regulatory Framework
The banking sector is increasingly involved in the crypto industry's key regulatory efforts. Recently, a coalition of US bank trade associations has requested that the US Department of the Treasury extend the public consultation period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a letter to the Treasury…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Push for Delay in Implementing Stablecoin Regulatory Framework
The cryptocurrency sector often finds itself at odds with banking interests, particularly with regards to regulatory matters. Recently, a coalition of US bank trade associations has petitioned the Department of the Treasury to extend the public consultation period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. This Act, enacted last yea…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Oversight Under GENIUS Act
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and now a coalition of bank trade associations is urging the US Department of the Treasury to prolong the public consultation period for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, enacted last year. In a letter addressed to the Treasury Department and the Federal Depos…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Oversight Under GENIUS Act
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and this time, a coalition of banking trade associations has urged the US Department of the Treasury to extend the public consultation period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a letter addressed to the T…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Oversight Under the GENIUS Act
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April 22, 2026, 4:23 p.m.