X @Wu Blockchain

Outlook on GENIUS Act: When Will the Regulatory Disputes End?Caitlyn Long, founder and CEO of Custodia Bank, stated in an interview with CNBC that since the enactment of the Genius Act, changes in the industry remain to be seen, with several key questions unanswered: Can banks issue tokenized deposits? How much capital must be set aside for holding stablecoins? On the compliance front, non-bank entities—particularly fintech firms in the crypto space—have not met banking standards for compliance. The current ...