US Bankers Warn Stablecoin Yield Workarounds Threaten Local Lending
In brief More than 200 community bank leaders have warned that crypto companies are exploiting regulatory gaps in the GENIUS Act. The ABA estimates up...
Tag : Stablecoin
Barclays makes first stablecoin investment with stake in Ubyx
Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company. The United...
US Community Bankers Seek Changes to GENIUS Act Over Stablecoin Yield Concerns
A coalition of US community bankers is urging Congress to amend the GENIUS Act, arguing that the law contains a loophole that allows yield-generating stablecoins...