Apr. 5 at 11:06 PM
$BTC.X
$HOOD $CRCL $MSTR $DOGE
The FDIC has scheduled a board meeting for April 7 to formally start the implementation of the GENIUS Act, which will allow banks to issue stablecoins through subsidiaries that maintain 1:1 reserves.
Opinions among investors are mixed, with some perceiving this development as negative for altcoins and stablecoins, while others believe it may be positive for Bitcoin.