GENIUS Act News: OCC Final Rule Drops Stablecoin Yield Curbs, Banks Push Back
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Independent coverage of UK markets, FCA policy and institutional trading
The post GENIUS Act News: OCC Final Rule Drops Stablecoin Yield Curbs, Banks Push Back appeared first on Coinpedia Fintech News
The UK Financial Conduct Authority consultations came just weeks after the agency opened applications for companies under its new crypto regulatory regime.
Nvidia on Wednesday unveiled the OpenShell Reference Architecture at GTC Berlin, a full-stack design that pairs its Vera CPUs, OpenShell software and BlueField-4 chips to contain and monitor autonomou…
The post Crypto Security Alert: PHP Exploits, LiteLLM Backdoor And Next.js Bugs Demand Patching appeared first on Coinpedia Fintech News
A lobbying group for US banks has weighed in on the Office of the Comptroller of the Currency’s (OCC’s) recently finalized rules on payment stablecoin issuance and custody, arguing that the regulator’…
If you’ve been online at all today, you’ve seen the panic: a critical vulnerability is threatening to “pwn” just about every website on the planet.
President Donald Trump planned to put special focus on his administration's efforts against overseas crypto-fueled criminal operations at a Wednesday event on cybercrime, according to a White House of…
SEI is attempting to establish a base between $0.04 and $0.07, but its weekly structure remains bearish.
The two PHP bugs that pushed Finland, the Netherlands, and France to pull government websites offline on Wednesday weren't found by a hacker in a hoodie. They were found by AI—OpenAI's AI, to be speci…
Bitcoin traders and hodlers are breathing this week after a pretty spooky start to the month with the historically best gains.
ICP finalization has reached 159.80 blocks per second, while data shows transaction activity has climbed to 6,495 transactions per second.
A new call circulating on X says XRP could reach $4 by November 30. XRP is trading near $1.39, so that would mean a 188% rally in less than six weeks. The forecast rests on a comparison with 2024, whe…
The foundation called for regulation based on financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto businesses across the EU.
Elon Musk said Tuesday that the boards of SpaceX and Tesla have each formed special committees to study merging his two biggest companies, a deal that would put rockets, electric cars, humanoid robots…
Six major blockchain organizations urged the SEC to formally recognize digital commodities as non-securities in its proposed regulatory framework.
INJ monthly active addresses increased from 1.4K to 2.2K over 90 days, indicating rising ecosystem activity.
The recent Grand Theft Auto 6 launch trailer briefly mentioned a "Dacity Coin," and crypto traders are speculating on how involved the apparent meme coin will be in-game. Some believe it'll feature in…
Elon Musk’s floated merger of SpaceX and Tesla would do more than unite rockets and electric cars. It would fold two of the world’s largest corporate Bitcoin stashes onto a single balance sheet.
Dogecoin is getting a dedicated company to build out its ecosystem, as the teams behind the meme coin’s biggest consumer products fold into a single organization aimed at giving DOGE more everyday use…
The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking effect in mid-January.
The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”
Solana’s first major consensus upgrade is targeting 99% finality reduction, seeking to offer users near-immediate transaction settlement and more responsive applications.
CertiK says crypto trading bots and exchange applications may remain exposed to the eMudhra certificate flaw because browser fixes may not protect all software.
DATA, the blockchain startup backed by Andreessen Horowitz's a16z crypto and formerly known as Story Protocol, is shutting down its blockchain and moving to Sui after securing a $30 million investment…