|
How the GENIUS Act is Shaping the Future of U.S. Banking
2025-07-26 12:29:09
Banking
Blockchain
Finance

How the GENIUS Act is Shaping the Future of U.S. Banking

The U.S. banking landscape is evolving with the introduction of blockchain-based stablecoins, significantly influenced by the GENIUS Act. This landmark legislation establishes a regulatory framework for stablecoins, promoting safety and transparency in their usage.

It aims to foster institutional adoption, enhancing the efficiency of banking operations such as cross-border payments and capital markets. The act has been hailed as a pivotal moment for financial innovation, positioning the U.S. as a leader in the cryptocurrency space.

As major players like Ripple launch their own stablecoins, the market is poised for substantial growth, potentially reaching trillions in value. This transformation underscores a shift in how money is managed and exchanged, heralding a new era in finance.

The press radar on this topic:

The Street
5. August 2025 um 11:56

U.S. House passes the GENIUS Act

The U.S. House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote. The act mandates strict reserve, transparency, and oversight requirements for stablecoins within a federal framework. It is the first step in making the U.S. the 'crypto capital of the world' and will ensure the dominance of the U.S. dollar. The House also passed the CLARITY Act, which classifies crypto assets as securities or commodities, and the CBDC Anti-Surveillance State Act,..
The Street
5. August 2025 um 11:56

Ripple CEO has a ‘genius’ response to Dodd-Frank

The Ripple CEO praised the passing of the GENIUS Act, which aims to regulate stablecoins, as a historic moment comparable to the Dodd-Frank Act passed after the 2008 financial crisis. The GENIUS Act mandates strict requirements for stablecoin reserves, transparency, and oversight within a federal framework. Ripple, a blockchain tech and crypto payments company, launched its own stablecoin RLUSD in 2024, which is pegged 1:1 to the U.S. dollar. The CEO believes the stablecoin market could reach..
The Street
5. August 2025 um 11:56

Trump signs GENIUS Act into law

President Trump signed the GENIUS Act into law, the first major crypto-related legislation in the U.S. The act aims to regulate stablecoins, a type of cryptocurrency that tries to maintain a stable value. It mandates strict reserve, transparency, and oversight requirements for stablecoin issuers. Industry leaders praised the legislation as a 'watershed moment' that will empower individuals, protect consumers, and keep the U.S. at the forefront of financial innovation. The stablecoin market is..
openpr
26. Juli 2025 um 11:53

FxSonic Spotlights U.S. Banking Transformation Through Stablecoins and GENIUS Act: Leading the Charge into the Digital Dollar Future

The U.S. banking sector is undergoing a significant transformation with the adoption of blockchain-based stablecoins, catalyzed by the recent enactment of the GENIUS Act. This federal legislation provides a framework for stablecoin issuance and use, enabling broader institutional adoption of digital dollar solutions. Financial institutions are rapidly developing proprietary stablecoin platforms or expanding existing digital currency projects, with a focus on safety, regulatory approval, and lo..
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact