What banks need to know about GENIUS Act stablecoin compliance
Under the GENIUS Act, every stablecoin your bank touches will be either permitted under federal law or not. Treating a non-permitted stablecoin as if it were permitted will be a compliance failure, but most existing comp...
Under the GENIUS Act, every stablecoin your bank touches will be either permitted under federal law or not. Treating a non-permitted stablecoin as if it were permitted will be a compliance failure, but most existing compliance systems are not built to make the distinction yet.
Original source
Read on EllipticRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Kraken named to FXC Intelligence’s 2026 Cross-Border Payments 100
TL;DR Payward and Kraken have been named to FXC Intelligence’s 2026 Cross-Border Payments 100, the eighth annual market list of th...
‘Anarchistic neobanks’ are bitcoin’s next frontier, says Blockrise CEO
Blockrise CEO Jos Lazet sees bitcoin-native institutions evolving into alternatives to banks, in an interview at BTC Prague.
Japan’s SBI is using XRP to solve a banking problem
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest payments re...
Most Traders Will Scroll Past This Grok AI Bitcoin Predicts, Big Mistake
Elon Musk Grok AI just looked at a Bitcoin chart down more than 50% and predicts it’s a classic accumulation zone, targeting $150,...