Latest GENIUS Act News and Insights | Yellow

The Blockchain Association warned the U.S. Treasury in a 26-page letter that vague GENIUS Act stablecoin rules could sweep in DeFi software and ordinary traders. Key Points: The group backed Treasury's core approach but wants a narrower definition of digital asset service providers. It argued that s

Tether (USDT) paid more than $6 million to a consulting firm co-owned by Bo Hines while he pushed a stablecoin law as Donald Trump's crypto adviser, a new investigation found. Key Points: Nxum struck its Tether deal in May 2025, while Hines still advised the White House on crypto. Hines relayed legi

Federal regulators missed the GENIUS Act's one-year deadline on Jul. 18 without issuing a single final stablecoin rule, leaving issuers six months to prepare. Key Points: Five federal agencies reached the statutory deadline with every major stablecoin rule package still sitting at the proposal stage

One year after the GENIUS Act was signed into law, stablecoins have gained legitimacy as a business payment rail, but industry executives say the next phase will depend on whether regulators can turn issuance rules into workable banking and settlement infrastructure. The law, signed on July 18, 2025

President Donald Trump on Friday stated that Anthropic does not pose a national security threat and described the company as behaving responsibly. The comment came weeks after reporting suggested the administration had forced Anthropic to withdraw a model access proposal under government pressure. A