Bank stablecoins get a rulebook; Bitcoin gets a land grab — TradingView News
Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track.
This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approval to issue payment stablecoins under the GENIUS Act, a move that could reshape who gets to mint digital dollars and under what rules.
That same push toward institutionalization is also evident elsewhere in the crypto business landscape. Despite Bitcoin’s 
BTCUSD lackluster performance, corporate treasuries are still in accumulation mode, with American Bitcoin vaulting past ProCap in the race to stack BTC.
On Wall Street’s doorstep,…
