منذ 1ي
US Treasury Publishes April 1 GENIUS Act Rules, Setting $10B Stablecoin Issuer Threshold
On April 1, the US Treasury released the first rules to implement the GENIUS Act, outlining federal oversight, reserve standards, reporting duties, and issuer licensing for the stablecoin market. The framework sets a $10 billion threshold that affects whether an issuer may remain under state supervision, while also banning yield or incentive-like features on stablecoins. Regulators expect the final framework by July, with full rollout planned by the end of the year.
BTC
BTC-2.19%
منذ 1ي
منذ 1ي
Robinhood Banking Tops $1.5B Deposits as HOOD Jumps 6.35% on March 30
Robinhood CEO Vlad Tenev said Robinhood Banking has exceeded $1.5 billion in deposits, supported by nearly 100,000 funded accounts. The service, launched in November 2025 for Robinhood Gold users, offers FDIC-insured checking and a high-yield savings option via Coastal Community Bank. The update came as HOOD rose 6.35% on March 30, while Coinbase faces potential pressure on USDC-related rewards under the GENIUS Act and the pending CLARITY Act.
USDC
USDC-0.01%
منذ 1ي
منذ 1ي
Coinshares Begins Nasdaq Trading as CSHR After $1.2B Vine Hill SPAC Deal
Coinshares started trading on the Nasdaq Stock Market on April 1, 2026, using the ticker CSHR, following a business combination involving Vine Hill Capital Investment Corp. (Nasdaq: VCIC) and the newly formed parent Coinshares PLC. The transaction carried an approximately $1.2 billion pre-money equity value and included a $50 million institutional common equity commitment. Coinshares said the U.S. listing is intended to broaden access to institutional capital, analyst coverage, and support its U.S. product expansion plans.
BTC
BTC-2.19%
منذ 1ي
منذ 1ي
DOJ Indicts 10 Staff at Four Crypto Market Makers Over Alleged Pump-and-Dump Schemes
The U.S. Department of Justice charged 10 executives and employees tied to four crypto market-making firms over alleged schemes to artificially inflate trading volume and token prices. The DOJ said three defendants were arrested in Singapore, extradited to the U.S., and made an initial court appearance in Oakland on Monday. Authorities also reported seizing more than $1 million in cryptocurrency, while BTC was trading in the highs $68k at the time of writing.
BTC
BTC-2.19%
منذ 1ي