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2 articles
The GENIUS Act sets a 1:1 reserve mandate for payment stablecoins — cash and short-dated Treasuries, monthly examinations, qualified custody — but it is enacted, not yet effective, with implementing rules still in proposed form as of mid-2026. This guide explains what the statute will require once effective, how today's attestation practice differs, and how to build a compliant reserve program.
Three things changed how crypto treasuries work in 2025-2026 — crypto is now a fair-value asset, the bank-access climate flipped open, and California's first custody regime arrives July 1, 2026. Here is where a crypto treasury sits today.
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