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Policy
Financial Institutions Request Delay in Implementing Stablecoin Oversight Regulations
The cryptocurrency sector is often engaging with bankers on high-priority regulatory initiatives, and this time, a coalition of bank trade associations has urged the US Department of the Treasury to prolong the public consultation period for implementing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a letter submitted to the Treas…
April 22, 2026, 4:23 p.m.
Policy
US Banking Groups Urge Slower Implementation of Stablecoin Regulatory Framework
The cryptocurrency sector often finds itself at the forefront of bankers' key regulatory endeavors, and this time, 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 letter addressed to th…
April 22, 2026, 4:23 p.m.
Policy
Banks Urge Caution on GENIUS Act Implementation for Stablecoin Regulation
The cryptocurrency sector is witnessing bankers playing a crucial role in its 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 implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, enacted last year. In a letter addressed to the…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Request Delay in Implementation of Stablecoin Regulatory Framework
The cryptocurrency sector is witnessing increased involvement from bankers in its key 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 addressed to …
April 22, 2026, 4:23 p.m.
Policy
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.
Policy
Financial Institutions Urge Caution on Stablecoin Regulatory Implementation
The cryptocurrency sector is witnessing increased involvement from bankers in its key 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 addressed to …
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Request Delay in Implementing Stablecoin Regulatory Framework
The cryptocurrency sector is increasingly finding itself at the forefront of regulatory efforts, with a coalition of banking 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. In a letter addressed to the Treasury Department and the Fede…
April 22, 2026, 4:23 p.m.
Policy
US Banks Push for Delay in Implementing Stablecoin Oversight Regulations
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and now a coalition of bank trade associations is 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. In a letter addressed to the Treasury Department and the Federal Dep…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Oversight Rules Under GENIUS Act
The cryptocurrency sector often finds itself at odds with bankers over regulatory matters, and now a coalition of banking associations is urging the US Department of the Treasury to extend the public consultation period for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was passed last year. In a letter addressed to the Treasury Department and the Federal …
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.