Browsing: stablecoins

What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayers Source link

With the Genius Act now law, payment companies that issue or support stablecoins are hoping the rules will now be clear, freeing them to start working…

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on…

The GENIUS Act is right to ban interest on payment stablecoins, points out Noelle Acheson, suggesting that the bigger debate should be around the current banking…

Stablecoins have gotten a lot of attention in recent months, pushing financial institutions to consider how to respond to the trend.The result has been a rush…

Amazon is among the large retailers that are considering a stablecoin. Susana Gonzalez/Bloomberg In addition to big banks, large merchants are also taking notice of the…

Stablecoins are still a small part of the overall currency market, but there’s upside potential that could make them an unavoidable factor in financial services, including…

Credit cards offer consumers three things stablecoins currently cannot: interest-free short-term loans, rewards programs and transaction reversibility. Your Visa card is going to remain in your…

As Washington lawmakers seek to hash out a legal framework for stablecoins, financial policy experts question whether the technology will harm or benefit the biggest bond…

What are stablecoins and how do they affect the cryptocurrency market? Source link