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The GENIUS Act is now law, after President Donald Trump signed the bill, to the cheers of cryptocurrency enthusiasts. The GENIUS Act regulates one type of cryptocurrency called stablecoins, a $200 ...
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...
A bill laying out rules for stablecoins would force issuers like Tether to be audited and end risky practices.
GENIUS Act targets Tether's opaque reserves, pushing the $156 billion giant to comply or exit the U.S. market.
The GENIUS Act prompted Ripple and Circle to apply for U.S. bank charters as Congress cleared new stablecoin regulations.