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Treasury is taking comments until October 19 on who can issue and sell stablecoins in the US cover

Latest

Treasury is taking comments until October 19 on who can issue and sell stablecoins in the US

Treasury is taking comments until October 19 on who can issue and sell stablecoins in the US. Issuers need a license by January 18, 2027. Service providers may offer and sell licensed coins by July 18, 2028. Jones Day says final rules will not pull that date forward. Issuers already cannot pay interest. Banks are still fighting affiliate and exchange rewards that look like yield. That dispute is in the Clarity bill. Cloture is September 15 at 2:15 p.m. ET, a 60-vote test, not final passage.

Treasury designated Iranian crypto exchanges cover

Policy

Treasury designated Iranian crypto exchanges

Treasury's June 2026 action designated Nobitex and other Iranian exchanges. The 2026 National Money Laundering Risk Assessment identifies provider control failures, jurisdiction shopping, and off-platform activity as recurring digital-asset laundering risks. OFAC explains why Iranian digital-asset exchanges are blocked.

BIP 360 is a draft, not an activation vote cover

Technology

BIP 360 is a draft, not an activation vote

BIP 360 proposes an optional output type intended to reduce exposure to future quantum key recovery. BIP publication is an editorial milestone, not evidence of community consensus, deployment, or adoption.

Peirce said crypto vaults still can involve a manager cover

Policy

Peirce said crypto vaults still can involve a manager

A vault is not a legal category. It is a control model. Peirce's statement on crypto vaults and lending strategies warns that onchain yield activity can still fall inside federal securities law when someone performs essential choices.

CFTC staff said some crypto perpetuals can trade as foreign futures cover

Markets

CFTC staff said some crypto perpetuals can trade as foreign futures

CFTC staff addresses foreign-futures treatment and a conditional no-action position involving customer crypto collateral and a foreign broker affiliate. A U.S. listing changes the venue. It does not turn a perpetual into spot. The contract still has no expiry and still pays funding.

SEC staff: a token that tracks a stock may not be the stock cover

Markets

SEC staff: a token that tracks a stock may not be the stock

SEC staff distinguishes issuer-sponsored, custodial, linked, and synthetic tokenization models and explains how holder rights can differ. Rights follow the legal instrument and the ownership file, not the logo the token happens to track.

IMF: most stablecoin volume is not household payments cover

Policy

IMF: most stablecoin volume is not household payments

The IMF separates total stablecoin volume from payment-related flows and compares payment benefits with currency substitution, capital-flow, reserve, and policy risks. A cheaper remittance still imports the issuer, the freeze rule, and the foreign reserve.

Treasury proposed GENIUS Act compliance rules cover

Markets

Treasury proposed GENIUS Act compliance rules

Treasury's April 2026 notice outlines proposed AML and sanctions-program duties for permitted payment stablecoin issuers. A permitted-issuer label is not uninterrupted redemption. The operating questions are who screens, who freezes, what the reserves actually are, and how cash-out works when it is tested.