Senator Warren says the GENIUS Act leaves substantial gaps in oversight of stablecoins, potentially endangering financial stability. She urges the Treasury to address corruption and conflicts of interest arising from Trump-era crypto ventures. Significant gaps in stablecoin regulation could expose consumers, taxpayers, and the wider financial system to potential abuse.Continue Reading

Illinois Governor J.B. Pritzker has signed two new laws that establish a consumer protection framework for digital assets, making Illinois the first state in the Midwest to do so. The laws give the state’s Department of Financial and Professional Regulation direct authority over crypto exchanges and businesses, requiring them toContinue Reading