GENIUS Act deadline lands with foreign issuers in limbo

GENIUS Act deadline lands with foreign issuers in…

The GENIUS Act's one-year rulemaking deadline expired on July 18, 2026, but the foreign payment stablecoin issuer regime — the provision that decides whether roughly $189 billion of offshore-issued USDT can lawfully reach US users…

FATF review: Travel Rule at 83% as stablecoins take focus

FATF review: Travel Rule at 83% as stablecoins…

The Financial Action Task Force's July 16, 2026 targeted update reports that 83% of surveyed jurisdictions have now passed Travel Rule legislation — up from 73% a year earlier — while warning that most identified…

Visa, Stripe and Coinbase back Open USD to challenge USDC

Visa, Stripe and Coinbase back Open USD to…

A consortium of more than 140 businesses — including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, Google, Shopify and, pointedly, Coinbase — has launched Open USD (OUSD), a stablecoin built to share reserve earnings with…

FCA finalises UK crypto rules and refuses to copy MiCA

FCA finalises UK crypto rules and refuses to…

The Financial Conduct Authority (FCA) published the final rules for the United Kingdom's cryptoasset regime on June 30, 2026, cutting stablecoin capital from 2% to 1%, building a bespoke market-abuse regime, and explicitly refusing to…