Latest GENIUS Act News and Insights | Yellow

White House economists found that prohibiting yield on stablecoins would do little to boost bank lending — adding roughly $2.1 billion, or 0.02%, to a $12 trillion loan market — while costing holders an estimated $800 million a year in lost welfare. Stablecoin Yield Ban Impact The report from the Co

Circle (USDC) Internet Group has called on EU regulators to overhaul the bloc's distributed ledger technology pilot framework, arguing the current rules are too rigid to support meaningful stablecoin adoption in capital market settlement. The company submitted a response to the European Commission's

Stanley Druckenmiller, the billionaire investor behind Duquesne Family Office, said Thursday he expects global payment infrastructure to run largely on stablecoins within 10 to 15 years, while repeating long-held skepticism toward most of the cryptocurrency market. The remarks, made during a Morgan

The Federal Deposit Insurance Corp. will propose a rule explicitly barring stablecoin holders from "pass-through" insurance, closing a potential loophole in the GENIUS Act, Chairman Travis Hill said Wednesday. The GENIUS Act already bans direct FDIC coverage for stablecoins, but was silent on whethe

Former Commodity Futures Trading Commission chair Chris Giancarlo said banks may require regulatory clarity around digital assets more urgently than the crypto industry itself, arguing that traditional financial institutions cannot commit large investments in blockchain infrastructure without clear