Banks Urge Caution on Stablecoin Regulatory Implementation
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and now, a coalition of bank trade associations is 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, which was passed last year. In a letter sent to the Treasury …
April 22, 2026, 4:23 p.m.