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Policy
Banking Groups Urge Slower Implementation of Stablecoin Regulatory Framework
The cryptocurrency sector often finds itself at odds with banking interests, and now, a coalition of bank trade associations is petitioning 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 Deposit Insur…
April 22, 2026, 4:23 p.m.
Policy
US Banks Push for Delay in Implementing Stablecoin Regulation Under GENIUS Act
The cryptocurrency industry often finds itself at odds with bankers over regulatory issues, and this time, a coalition of bank 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. In a letter to the Treasury Department and the Federal Depo…
April 22, 2026, 4:23 p.m.
Policy
US Banks Request Delay in Implementation of Stablecoin Regulatory Framework
The US banking sector is increasingly involved in the crypto 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 Deposit In…
April 22, 2026, 4:23 p.m.
Policy
Banks Advocate for a Slower Rollout of the GENIUS Act Regarding Stablecoin Oversight
The cryptocurrency sector often finds itself intertwined with banking interests in high-priority regulatory endeavors. Recently, a coalition of bank trade associations has petitioned the US Department of the Treasury to prolong the public commentary period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, enacted last year. In a letter add…
April 22, 2026, 4:23 p.m.
Policy
US Banks Call 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 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 to the Treasury Department and the Federal Deposit Insurance C…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Push for Delay in Implementing Stablecoin Regulatory Act
The cryptocurrency sector often finds itself at the forefront of regulatory efforts, and this time, 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 sent to the Treasu…
April 22, 2026, 4:23 p.m.
Policy
Banks Request Delay in Implementation of GENIUS Act for Stablecoin Regulation
The cryptocurrency sector often finds itself intertwined with banking interests in high-priority regulatory endeavors. 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 le…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Urge Caution on Stablecoin Regulatory Implementation
The cryptocurrency sector is witnessing increased involvement from banking professionals in its key regulatory endeavors. Recently, a coalition of bank trade associations has petitioned the US Department of the Treasury to prolong the public consultation period for the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, enacted last year. In a lette…
April 22, 2026, 4:23 p.m.
Policy
US Banks Request Delay in Implementation of Stablecoin Regulatory Act
The US banking sector is increasingly involved in the crypto industry's key regulatory endeavors, with a coalition of bank trade associations recently petitioning 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 Insura…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Push for Delay in Implementing Stablecoin Regulation Under GENIUS Act
The US banking sector has become increasingly involved in the regulatory efforts of the crypto industry, with a recent request by a coalition of bank trade associations to 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. This request comes as multiple federal agenc…
April 22, 2026, 4:23 p.m.