Cryptocurrency

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

The True Post icon
By The True Post
No Comments
Al Arabia News

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

Source: Cointelegraph

TAGGED:
Share This Article
The True Post icon
ByThe True Post
The newsroom of The True Post.
Leave a Comment

Related Stories

Uncover the stories that related to the post!
$50 million in Bitget hacker swaps puts NEAR Intents’ ‘permissionless’ claim to the test
Cryptocurrency

$50 million in Bitget hacker swaps puts NEAR Intents’ ‘permissionless’ claim to the test

Al Arabia News
Cryptocurrency

Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline

Al Arabia News
Cryptocurrency

Utah AG sues Kalshi, pursues profits from prediction market company

Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes
Cryptocurrency

Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes

Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight
Cryptocurrency

Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight

71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
Cryptocurrency

71% of UK finance leaders expect tokenization to reshape financial services: Lloyds

OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
Cryptocurrency

OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots

Al Arabia News
Cryptocurrency

At the White House, crypto policy vacancy looms large

Show More