In recent years, the rapid growth of stablecoins, digital assets pegged to traditional currencies, has prompted U.S. lawmakers to consider regulatory measures to ensure financial stability and consumer protection. The bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced by Senators Kirsten Gillibrand, Bill Hagerty, Tim Scott, ...
Imagine a world where every financial move—every payment, transfer, and purchase—is recorded and monitored. That’s not a distant dystopia; it's rapidly becoming the norm. And as governments escalate their crackdown on crypto privacy tools, a critical question emerges: Is this about combating crime, or is it about controlling how we ...
A recent report from blockchain research firm Chainalysis has suggested that the United States government's regulatory influence over the stablecoin market is waning. The study, published on October 23, revealed that a substantial portion of stablecoin activity now occurs through entities that are not licensed in the United States. Chainalysis ...
House Financial Services Committee Chairman, Patrick McHenry, has announced the markup of seven bills, three of which are focused on providing legal clarity for the digital assets ecosystem, including blockchain technology and stablecoin payments. These three bills include: H.R. 1747, the Blockchain Regulatory Certainty Act. H.R. 4763, the Financial Innovation ...
