2 год тому
Coinbase Urges U.S. Treasury to Adopt Innovation-Friendly Rules for GENIUS Act Implementation
Coinbase submitted recommendations to the U.S. Treasury on November 5, 2025, regarding implementation of the GENIUS Act. The exchange called for precise regulations that foster stablecoin innovation while protecting consumers. Coinbase emphasized that payment stablecoins should be treated as cash equivalents for tax purposes and warned against broad interpretations of the Act's interest prohibition provisions.
2 год тому
7 год тому
Coinbase Urges Treasury to Keep GENIUS Act Rules Within Congressional Intent
Coinbase Global has submitted formal comments calling on the U.S. Treasury Department to implement GENIUS Act regulations that strictly adhere to the statute's original intent. The exchange argued that non-financial software, blockchain validators, and open-source protocols should remain outside regulatory scope. It also emphasized that stablecoin intermediaries offering loyalty rewards should not be subject to the Act's prohibition on interest payments, which applies only to issuers.
7 год тому
9 год тому
Citi's Tokenization Platform Processes Billions Across Four Markets as Executives Cite Regulatory Fragmentation
Citi's tokenized cash platform is live in the U.S., U.K., Hong Kong, and Singapore, processing billions in client transactions for supply chain payments and capital markets settlements. Executives from Citi, DTCC, and Taurus speaking at Chainlink's SmartCon 2025 conference said blockchain infrastructure is operationally ready, but fragmented regulatory frameworks and lack of interoperability standards remain the primary barriers to scaled adoption.
9 год тому
14 год тому
Major U.S. Banks Push OCC to Reject Trust Charter Applications from Coinbase, Ripple, Circle and Paxos
Leading U.S. banking trade groups have urged the Office of the Comptroller of the Currency to deny national trust-bank charter applications from four major crypto firms. The Bank Policy Institute and Independent Community Bankers of America argue the charters would grant cryptocurrency platforms federal legitimacy without full banking supervision. Traditional banks contend the arrangement would create regulatory arbitrage and undermine existing oversight standards.
14 год тому
16 год тому
Franklin Templeton Launches Hong Kong's First Tokenized Money-Market Fund
Franklin Templeton launched Hong Kong's first tokenized money-market fund on January 8, 2025. The Franklin OnChain U.S. Government Money Fund, registered in Luxembourg and backed by short-term U.S. Treasuries, uses blockchain tokens to represent investor shares and record ownership digitally. The launch aligns with Hong Kong's five-year fintech strategy focused on AI and blockchain integration across financial services.
16 год тому