US Banks Push for Delay in Implementing Stablecoin Regulatory Framework
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and this time, a coalition of bank trade associations has petitioned the US Department of the Treasury to extend 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 Fe…
April 22, 2026, 4:23 p.m.