Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...

The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...

New York AG Letitia James urges Congress to strengthen crypto legislation to safeguard investors and the economy from ...

However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...

James suggested Congress require stablecoin issuers to use “digital identity technology” in all stablecoin purchases and ...

The GENIUS Act will cement stablecoins as the basis of the global crypto economy. Can Bitcoin reach its full potential if ...

Europe's largest asset manager has raised concerns that a boom in dollar-backed stablecoins in the wake of the United States' ...

Europe's asset manager, Amundi, has warned that the new U.S. GENIUS Act could weaken the dollar, amid other problems.

At the heart of this transformation stands Circle Internet Group, issuer of USD Coin (USDC), now a major player in global ...

European asset manager Amundi warns that the US GENIUS Act could boost dollar-backed stablecoins in ways that threaten the ...

"Stablecoins are cryptocurrencies that are designed to maintain a stable market value. Issuers of stablecoins typically accomplish this by pegging a stablecoin’s market price to a reserve asset, such ...