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Policy
Banks Urge Caution in Implementing Stablecoin Regulations Under the GENIUS Act
The cryptocurrency sector is once again finding itself at the center of bankers' high-priority regulatory endeavors, as 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, passed last year. In a letter addressed to…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Oversight Regulations Under the GENIUS Act
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and now, a coalition of banking trade associations has requested that the US Department of the Treasury extend the public comment 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 Treasu…
April 22, 2026, 4:23 p.m.
Policy
Banks Request Delay in 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 Act. In a letter addressed to the Treasury Department and the Federal Deposit Insurance C…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Seek Delay in Implementing Stablecoin Regulation Under the GENIUS Act
The cryptocurrency sector often finds itself at odds with bankers, particularly when it comes to regulatory matters. Recently, a coalition of bank trade associations has petitioned the US Department of the Treasury to extend the public commentary period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a lett…
April 22, 2026, 4:23 p.m.
Policy
US Banks Push for Delay in Implementation of Stablecoin Regulatory Framework
The banking sector is increasingly involved in the cryptocurrency industry's key regulatory endeavors, 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 Depos…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Request Delay in Implementation of Stablecoin Regulation Under GENIUS Act
The cryptocurrency sector is witnessing increased involvement from bankers in high-priority regulatory endeavors. 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, enacted last year. In a letter address…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Urge Delay in Implementing Stablecoin Regulatory Framework
The cryptocurrency sector is seeing increased involvement from bankers in key regulatory initiatives, with a coalition of bank trade associations recently requesting the US Department of the Treasury to prolong the public comment 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 Ins…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Push for Delay in Implementing Stablecoin Regulatory Framework
The US banking sector is increasingly involved in the crypto industry's key regulatory initiatives, with a coalition of bank trade associations recently requesting 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. In a letter to the Treasury Department and the Fed…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Regulatory Framework
The cryptocurrency sector is witnessing bankers playing a crucial role in its key regulatory endeavors, with a coalition of bank trade associations now urging 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 a letter addressed to the Treasury …
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 intertwined with banking interests in high-priority regulatory matters. 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 le…
April 22, 2026, 4:23 p.m.