U.S. FDIC urged to revise procedures to address crypto-related risks, according to report from Office of the Inspector General
Blockworks •
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FDIC proposes GENIUS Act rules setting reserve, capital, and redemption standards for bank stablecoin issuers
fdic.gov ·
US banks launch Cari Network with ZKsync’s Prividium, bringing regulated, FDIC-eligible tokenized deposits onchain to modernize 24/7 digital money infrastructure and keep banks central in onchain finance.
𝕏/@zksync ·
Senate confirms pro-crypto picks Michael Selig (CFTC) and Travis Hill (FDIC), signaling regulatory openness as agencies expand crypto oversight, ease bank participation, and push clarity around digital assets and tokenization.
𝕏/@Crypto_Briefing ·
FDIC Unveils First Stablecoin Rulemaking Under GENIUS Act, Opening Path for Banks to Issue Dollar Tokens
Coindesk ·
The AFL-CIO slammed the Senate’s Responsible Financial Innovation Act as a “facade of regulation,” warning it weakens worker protections while letting banks trade crypto with FDIC backing. Crypto advocates argue adoption in retirement funds is inevitable.
decrypt.co ·
How Trump Rebuilt Crypto’s Future in 100 Days We went through every single action the Trump administration has taken on crypto.. from the White House down through every major regulatory agency, and put it all together into one full analysis. If you’ve been wondering what’s really changed over the past few months, and how deep the reversal goes, this is everything you need to know. Read it on The Tentacle
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