#payment stablecoins

[rwatimes]

What Is the GENIUS Act? A Guide to U.S. Stablecoin Law

The GENIUS Act is the U.S. federal law that creates a regulatory framework for dollar-backed stablecoins. Signed into law on July 18, 2025, the law sets rules for who can issue payment stablecoins, what those tokens must be backed by, how holders can redeem them, and which regulators supervise the issuers. It is the first comprehensive federal stablecoin statute in the United States. In this article, we’ll cover every important point included in the bill, as well as what it means for investors. 💡 Key Takeaways: The GENIUS Act regulates payment stablecoins issued in the United States. The framework formalizes how […]

➤ The GENIUS Act establishes the first comprehensive U.S. federal regulatory framework for dollar-backed payment stablecoins, signed into law in July 2025. ➤ Key provisions include strict requirements for issuers, reserve backing with high-quality liquid assets, on-demand redemption, transparency through monthly disclosures, and bank-style risk management standards. ➤ While aiming to provide regulatory clarity and consumer protection, the act may favor larger incumbents due to compliance burdens and introduces a complex supervisory model involving multiple federal and state agencies.

[rwatimes]

Could Crypto Become A Security? What That Means For Investors

For years, one of crypto's most unresolved questions has been whether a given token is a security. The answer determines whether issuers must register with regulators, whether exchanges can list the token

➤ The SEC has reaffirmed the Howey Test as the standard for classifying crypto assets, introducing a five-category framework: digital commodities, collectibles, tools, stablecoins, and digital securities. ➤ Payment stablecoins under the GENIUS Act are excluded from security definitions, providing regulatory clarity for their use in payments, while mining, staking, and airdrops are generally not considered securities transactions. ➤ Investors must now carefully assess how crypto assets are marketed and their level of decentralization, as tokens can shift between security and non-security status, impacting regulatory obligations and market access.