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Policy
US Banking Groups Request Delay in Implementation of Stablecoin Regulatory Act
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
US Banking Groups Push for Delay in Implementing Stablecoin Oversight Regulations
The cryptocurrency sector is witnessing increased involvement from bankers in key regulatory efforts, with a coalition of bank trade associations recently requesting 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 a…
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 Oversight Under GENIUS Act
The cryptocurrency sector often finds itself at odds with banking interests, particularly in regulatory matters. Recently, a coalition of bank trade associations has appealed to 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 addres…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Request Delay in Implementation of Stablecoin Regulatory Act
The cryptocurrency sector often finds itself intertwined with banking interests in high-priority regulatory endeavors. Recently, a coalition of bank trade associations has appealed 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, enacted last year. In a letter a…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Request Delay in Implementation of Stablecoin Regulatory Framework
The cryptocurrency sector is witnessing bankers playing a pivotal 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 Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, enacted last year. In a letter addressed to the Treasury Department a…
April 22, 2026, 4:23 p.m.
Policy
Banks Request Delay in Implementing Stablecoin Regulations Under the GENIUS Act
The banking sector is increasingly involved in the cryptocurrency industry's key regulatory initiatives. 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 letter address…
April 22, 2026, 4:23 p.m.
Policy
US Banks Push for Delay in Implementing Stablecoin Oversight Rules
The cryptocurrency sector is once again seeing bankers play a significant role in its key regulatory endeavors. This time, a coalition of bank trade associations has requested that the US Department of the Treasury extend 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 sent to…
April 22, 2026, 4:23 p.m.
Policy
Financial Institutions Urge Caution on Stablecoin Regulatory Framework
The cryptocurrency sector is witnessing increased involvement from bankers in its key regulatory endeavors, with a coalition of bank trade associations recently requesting 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 Depart…
April 22, 2026, 4:23 p.m.
Policy
Banks Push for Delay in Implementing Stablecoin Oversight Under GENIUS Act
The cryptocurrency industry often finds itself at odds with bankers over regulatory matters, and now a coalition of banking associations has requested that the US Department of the Treasury extend the public comment period for implementing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a letter to the Treasury Department and the Federal Deposit Insurance Corp…
April 22, 2026, 4:23 p.m.