Citigroup explores stablecoin custody services and crypto ETF backing, challenging Coinbase's dominance in the $280B market.

Citigroup stablecoin custody has entered focus as the bank explores crypto ETF infrastructure and blockchain payments under new U.S. rules.

On August 12, a coalition of banking trade associations sent a joint letter to Congress warning that the recently enacted GENIUS Act contains a loophole that could allow the indirect payment of ...

Citigroup's new treasury partnership with Payoneer and JPMorganChase's deposit token are pressuring banks to quickly come up ...

U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.

The GENIUS Act would allow Special Purpose Depository Institutions, which are state-chartered uninsured banks, to expand to ...

Key Developments for Digital Assets The Guiding and Establishing National Innovation for U.S. Stablecoins Act (the GENIUS Act) is ...

We think ether is emerging as a direct way to gain exposure to the expected meteoric growth in stablecoins as the Ethereum ...

Mark Salzberg is a partner at Squire Patton Boggs in the firm’s Washington, D.C., office and a member of the restructuring ...

In addition to the U.S. strategic reserve, Texas has been the first state to establish the Texas Strategic Bitcoin Reserve.

The crypto market staged a sharp rebound in July, with total market capitalization climbing 14% from the previous month to $3.7 trillion, Wall Street bank JPMorgan (JPM) said in a research report ...

Mark Salzberg of Squire Patton Boggs discusses changes to the U.S. Bankruptcy Code with the GENIUS Act, which establishes a regulatory framework for stablecoins, and the effects on priority, debtor-in ...