GENIUS
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Movies
Six classic movies from the ‘big-hearted genius’ director
Paul GlynnCulture reporter Invision/AP Rob Reiner, the son of the legendary comedian Carl Reiner, was one of Hollywood’s best known filmmakers. As an actor, he became a household name on the 1970s sitcom All in the Family and later appeared as the father of Leonardo DiCaprio’s character in The Wolf of Wall Street. But it was as a director that…
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News
Circle weighs in on GENIUS Act implementation: ‘Simple, strong rules’
The US Treasury Department accepted comments related to the implementation of the stablecoin bill until Tuesday as part of the law’s planned rollout. By Digitpatrox Source link
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News
Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks
The stablecoin-focused GENIUS Act, which was enacted in July, will trigger an exodus of deposits from traditional bank accounts into higher-yield stablecoins, according to the co-founder of Multicoin Capital. “The GENIUS Bill is the beginning of the end for banks’ ability to rip off their retail depositors with minimal interest,” Multicoin Capital’s co-founder and managing partner, Tushar Jain, posted to…
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News
Ether Machine launches for Institutional Yield after the GENIUS Act
Institutional interest in cryptocurrencies was piqued after “crypto Week” in the US saw the passage of the industry’s key stablecoin bill, the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act. Signed into law by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins in the world’s largest economy, which may increase the demand…
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News
Anchorage Digital Launches Stablecoin Service Following GENIUS Bill
Anchorage Digital, an institutionally-focused digital asset service provider, announced the launch of a stablecoin issuance platform on Thursday, tapping synthetic dollar and stablecoin issuer Ethena as its first partner client. The company will launch Ethena’s USDtb stablecoin in the United States, according to an announcement made on Thursday. Currently, USDtb is issued offshore. Issuing USDtb in the US will make…
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News
US GENIUS Act Sparks Growth in RWA Tokenization
Real-world asset (RWA) tokenization is rapidly emerging as one of Wall Street’s most promising innovations, and with the recent passage of pro-industry legislation, particularly the US GENIUS Act, growth in the sector is poised to accelerate, according to Aptos Labs’ newly appointed chief business officer, Solomon Tesfaye. In a conversation with Cointelegraph ahead of the landmark passage of the Guiding…
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