2025-7-5 02:00 |
The GENIUS Act requires stablecoin issuers like Tether to meet strict transparency standards or be banned from the US market. Tether's future hinges on whether it can comply, withdraw, or launch a separate US-based stablecoin. origin »
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According to analysts, the GENIUS Act could accommodate Tether with slight conditions The U.S. Senate Banking Committee has advanced the bill for debate and a vote The U.S. stablecoin bill, The post GENIUS Act's current form is 'great for Tether USDT' - Here's why! appeared first on AMBCrypto.
2025-3-15 18:00 | |
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Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.
2025-2-14 17:58 | |
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Coinbase’s relocation to Texas signals a turning point in US corporate law, as more companies favor states offering predictability and innovation-friendly governance. The post Coinbase Picks Texas as Its New Legal Base as Delaware Loses Its Corporate Grip appeared first on BeInCrypto.
Europe’s digital money ambitions are facing backlash from banks and lawmakers, who fear the ECB’s digital euro and strict crypto rules could weaken innovation and inadvertently hand economic power to the US.
France’s proposed wealth tax adds crypto to its “unproductive” asset list but targets only the ultra-rich. While most investors are unaffected, the move has stirred debate over whether France is discouraging innovation in its growing Web3 ecosystem.
Brussels sanctioned a ruble-backed stablecoin used to bypass SWIFT, marking its first crypto-specific penalty on Russia. The EU is now preparing a MiCA-compliant euro token to assert financial sovereignty and counter alternative payment networks.
Investors have filed a U. S. class action lawsuit accusing Meteora co-founder Ben Chow of orchestrating a meme coin fraud tied to Melania Trump and Argentine President Javier Milei. Plaintiffs say the public figures were used as “props” in a liquidity trap, while Chow denies wrongdoing.
Japan's new Takaichi Cabinet will steer crypto regulation. Tax reform is uncertain, but the Ishin party alliance accelerates ST tokenization efforts amid heightened economic security focus. The post Welcoming the New Cabinet: Can Japan Balance Tax Cuts and Yen Defense? appeared first on BeInCrypto.
Russia’s legalization of cryptocurrency for international trade aims to bypass Western sanctions by establishing a regulated, alternative payment system. The move could reshape global commerce and strengthen Moscow’s economic ties with non-sanctioning nations.