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US Treasury Seeks Comments on GENIUS Act & Crypto Casinos

US Treasury Seeks Comments on GENIUS Act & Crypto Casinos

The US Department of the Treasury has formally opened a second round of public comment on the implementation of the GENIUS Act, the stablecoin-payments legislation signed into law in July. Though the Treasury had already initiated an “advance notice of proposed rulemaking” in August, this fresh comment period allows stakeholders to raise additional concerns – US Treasury Seeks Comments on GENIUS Act & Crypto Casinos

First-Ever US Multi-Asset Crypto ETP Approved by US SEC

First-ever Multi-Asset Crypto ETF approved by US SEC

The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s Digital Large Cap Fund (GLDC), marking a historic milestone.  It represents the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States. The fund offers investors exposure to five major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA). Grayscale’s approval demonstrates First-Ever US Multi-Asset Crypto ETP Approved by US SEC