Alabama Lawmaker Raises Alarm On GENIUS Act’s Impact On Small Banks

Alabama Lawmaker Raises Alarm On GENIUS Act’s Impact On Small Banks

Alabama State Senator Keith Kelley has warned that the GENIUS Act, signed into law on July 18, 2025, could trigger a wave of deposit outflows that would hurt rural community banks. Related Reading: Hong Kong’s HashKey Pushes Into Digital Asset Treasury With $500M Fund Plan According to reports, Kelley set out his concerns in an […]


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US Treasury Seeks Public Comment On Implementation Of GENIUS Act – Details

The United States Treasury Department has opened a request for public comment on the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The GENIUS Act, signed into US law in July, was designed to provide a regulatory framework for stablecoin issuers. This latest call for public input comes exactly a […]