Browsing: community banks

The GENIUS Act has emerged as a pivotal legislative measure aimed at regulating the burgeoning market of stablecoins, yet its current framework faces scrutiny from community bankers across the United States.As lawmakers gather to address a perceived “stablecoin loophole” that enables yield-generating stablecoins to compete unfairly with traditional banking systems, the call for amendments to the GENIUS Act has intensified.

The FDIC bank capital rules serve as a cornerstone of financial stability, safeguarding depositors’ interests while ensuring that financial institutions operate safely.Recently, the Federal Deposit Insurance Corporation has made significant adjustments to these regulations, particularly concerning U.S.