Former Chainlink executive joins SEC as Chief Legal Advisor of the Cryptocurrency Special Task Force

FDIC Approves New Stablecoin Regulatory Rules, Implementing the Prudent Framework of the 《GENIUS Act》

The U.S. Federal Deposit Insurance Corporation (FDIC) approved a proposed rule on April 7 to implement the regulatory requirements of the GENIUS Act, establishing a prudent management framework for stablecoin issuers and issuing corresponding regulations for stablecoin custodial services. The rule is intended to ensure proper management of reserve assets and risk controls, and to open a 60-day public comment period, reflecting the gradual improvement of stablecoin regulation in the United States.

Former special correspondent talks in depth about the history of Bitcoin being normalized after witnessing it in the White House, and offers beginner advice

Bitcoin Magazine interviews former White House reporter Corva, sharing his experience of becoming a Bitcoin advocate and analyzing Bitcoin’s role in humanitarianism and global finance. He emphasizes that policy needs legislative support, advises beginners to use dollar-cost averaging, and encourages community involvement to expand its broader impact.

XRP Lawyer Warns CLARITY Act Could Lose Momentum if Summer Delays Persist

The CLARITY Act's chances of passing depend on timely legislative action, as summer distractions and midterm politics could hinder progress. Delays may complicate its path, especially if political dynamics shift post-election.

New U.S. FDIC rules! Stablecoin reserves face strict requirements and do not receive the $250k deposit insurance coverage per person

The U.S. FDIC has rolled out a regulatory framework for stablecoins, requiring 1:1 reserves and liquidity, and setting a redemption deadline within two days. This bill does not apply deposit insurance and is intended to ensure the stability of the financial system. The FDIC has clearly laid out capital requirements and limits on earnings, and has clarified the safety and compliance of stablecoins. This proposal is currently in a public comment period.

The U.S. Treasury will issue rules requiring stablecoin issuers to assume anti–money laundering and sanctions compliance obligations

The U.S. Department of the Treasury will issue new rules requiring stablecoin issuers to take measures to combat money laundering and sanctions violations, including suspending suspicious transactions and strengthening management of high-risk customers. This move is intended to protect the safety of the financial system while also supporting the growth of the stablecoin industry.

SEC Submits “Crypto Safe Harbor” Proposal for White House Review! Chairman Paul Atkins: Roll Out Soon (in the Short Term)

U.S. SEC Chair Atkins confirmed that a proposal for a “safe harbor framework” that would allow crypto-asset projects to be exempt from registration in the early stages has been submitted to the White House for review. The proposal is intended to help startups raise funding while protecting investors, and includes provisions for a “startup exemption” and an “investment contract safe harbor.” However, the legislative process for regulating cryptocurrencies faces difficulties, and Paul Atkins emphasized that a stable legal foundation is more important than administrative rules.