COINMAG stories about GENIUS Act, newest first, with key facts and answers to common questions.
Patrick McHenry told Unchained that the incoming Democratic‑controlled Congress is unlikely to approve any anti‑crypto legislation, despite Senator Elizabeth Warren’s renewed push.
Rahul VermaA consortium of 21 financial institutions, including Goldman Sachs and Citi, pledged roughly $270 million to fund a stablecoin venture slated for launch in early 2027.
Naomi JohnsonTD Cowen analyst Jaret Seiberg sees only a one‑in‑ten probability that Congress will ban yield on stablecoin balances, despite renewed banking pressure.
Rahul VermaAt the Strobe Summit, former CFTC Chair Chris Giancarlo and DSA’s Adrian Wall discussed a hybrid regulatory approach for U.S. digital assets, emphasizing stablecoin infrastructure and DeFi oversight.
Jeremy Allaire, CEO of Circle, said USDC captured 79% of stablecoin volume and saw record minting in Q3, while Arc mainnet launched and CPN volume surged.
The new federal framework for payment stablecoins does not exempt exchanges, wallets and remittance firms from FinCEN registration or state money‑transmitter licenses.
Circle seeks SEC clarification to count compliant stablecoins as cash for capital and reserve rules, while testing USDC settlement on ACI’s payments platform in Colombia.