1. What Exactly Does the U.S. GENIUS Act Say? The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), signed into law by President Trump, creates the first comprehensive federal framework for dollar-pegged stablecoins.Scope: Only “authorized payment-stablecoin issuers” may issue tokens in, or into, the United States. Authorization can be granted to (a) insured depository-institution subsidiaries, (b) OCC-registered non-bank issuers, or (c) state-licensed issuer...

1. What Exactly Does the U.S. GENIUS Act Say? The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), signed into law by President Trump, creates the first comprehensive federal framework for dollar-pegged stablecoins.Scope: Only “authorized payment-stablecoin issuers” may issue tokens in, or into, the United States. Authorization can be granted to (a) insured depository-institution subsidiaries, (b) OCC-registered non-bank issuers, or (c) state-licensed issuer...

Stablecoin Regulation Imminent: Undercurrents in the Hong Kong Market While the U.S. Stablecoin Genius Act was officially signed into law by Trump, Hong Kong’s stablecoin issuance is entering the final countdown. On August 1st, Hong Kong’s Stablecoin Regulation will formally take effect. Compared to the U.S. stablecoin legislation that sent shockwaves through the crypto world, Hong Kong’s developments have created only ripples in the crypto sphere—but in the stock market, their impact has bee...

Stablecoin Regulation Imminent: Undercurrents in the Hong Kong Market While the U.S. Stablecoin Genius Act was officially signed into law by Trump, Hong Kong’s stablecoin issuance is entering the final countdown. On August 1st, Hong Kong’s Stablecoin Regulation will formally take effect. Compared to the U.S. stablecoin legislation that sent shockwaves through the crypto world, Hong Kong’s developments have created only ripples in the crypto sphere—but in the stock market, their impact has bee...