A growing coalition of U.S. banks is panic-stricken. They are currently urging lawmakers to rewrite the GENIUS Act, specifically targeting the reward structures offered by non-bank stablecoin issuers. They see the ability for crypto platforms to offer yield on digital dollars as a “loophole” that threatens to siphon deposits away from the traditional banking system. […]
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Kraken Wins $22 Million Arbitration as Arjun Sethi Calls for Clear Crypto Rules
Key TakeawaysPayward won a $22M award and asked Delaware court to enter judgment against Mazars USA.Kraken says Mazars’ exit reflected...
