US Banks Push for Delay in Implementing Stablecoin Oversight Regulations
The cryptocurrency sector often finds itself at the forefront of bankers' regulatory efforts, and this time, a coalition of 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 sent to the …
April 22, 2026, 4:23 p.m.