GENIUS Act Deadline Looms for Stablecoin Issuers

GENIUS Act Deadline Looms for Stablecoin Issuers

Stablecoin issuers face an approaching deadline related to the GENIUS Act, signaling impending regulatory changes. The legislation is set to introduce new frameworks and oversight for stablecoin operations, prompting issuers to prepare for compliance with forthcoming rules.
Hong Kong Mandates Crypto Platforms to Enhance Security or Cover User Losses

Hong Kong Mandates Crypto Platforms to Enhance Security or Cover User Losses

Hong Kong crypto platforms have one year to phase out one-time passwords or assume liability for user losses due to security breaches. This regulatory update, effective July 10, 2026, aims to enhance investor protection by pushing exchanges towards more advanced authentication methods and greater accountability.