The U.S. Treasury Department is seeking public input on the application of stablecoin rules under the GENIUS Act.

Treasury officials specifically asked how stablecoin legislation might affect taxation and foreign issuers.

The department is looking for data and other information that could help refine its guidance under the GENIUS Act as federal agencies draft a formal proposal. This proposal includes feedback from both critics and industry participants. The comment period will end on October 20.

RIPPLE INTRODUCES NEW PHASE OF INSTITUTIONAL DEFI ON XRPL

🔹 XRPL processes over $1 billion in stablecoins each month and ranks among the top 10 blockchains for real-world assets (RWA).

🔹 Newly launched compliance tools:
➤ Credentials allow trusted issuers to verify KYC or certifications without revealing personal information.
➤ Deep Freeze enables token issuers to block transactions from flagged accounts to meet regulatory requirements.
➤ Simulate lets developers “test run” transactions before deploying them on the mainnet.

🔹 Coming soon:
➤ A native lending protocol to enable low-cost, on-chain credit markets with built-in KYC/AML compliance.
➤ Zero-knowledge proofs (ZKPs) under development to provide privacy while still meeting regulatory standards.
➤ Multi-Purpose Tokens (MPTs) to tokenize and trade complex real-world assets such as bonds and funds on XRPL.

💠 You can also buy XRP easily with GlobalCryptos to take part in this new wave of institutional DeFi.

The number of crypto millionaires (with crypto assets worth over $1 million) is nearly 242,000 people, representing a 40% increase over the past year.

📢 GlobalCryptos in Japan 🇯🇵

Need fast & secure crypto-to-cash in Tokyo or other major cities in Japan?
GlobalCryptos has you covered ✅

💴 Instant cash payout on the spot
⚡ Completed in just 30–60 minutes
🛡️ Clean & fully compliant funds
💰 Competitive all-inclusive fees – tax & charges included, no hidden costs
🌍 Global network – 50+ countries, 100+ fixed exchange points

📲 Contact us now: @GlobalCryptosOfficial
🌐 Website: GlobalCryptos.Trade

#CryptoJapan #Bitcoin #Ethereum #Altcoins #USDT #CryptoToCash #GlobalCryptos #TokyoCrypto #JapanCrypto

The Australian government has just released a draft law aimed at strengthening the regulation of digital asset platforms, bringing crypto businesses under a legal framework similar to traditional financial services.

The law requires licensing, user protection, conflict-of-interest management, and standards for custody and settlement. Platforms that violate the rules may face fines of up to 10% of their revenue, while smaller platforms will be exempt. The law also introduces a flexible mechanism to keep up with technological advances, while legalizing crypto activities and increasing transparency in the market.

#Crypto #Fiat #CryptoRegulation #Blockchain #CryptoMarket #DigitalAssets #CryptoAustralia

Circle is testing a mechanism to reverse USDC transactions in cases of fraud or hacking. This means that normal transactions will remain final, but in the event of a serious incident, they can use special governance mechanisms or smart contracts to refund victims. This approach combines the benefits of traditional banking with crypto, boosting institutional trust without undermining decentralization principles.

Circle is also developing its own blockchain, Arc, which will use USDC as the native payment token. Arc is scheduled to launch its testnet this fall.

#Crypto #USDC #Stablecoin #Circle #Blockchain #CryptoSecurity #DeFi #ArcBlockchain #DigitalAssets #CryptoNews

Tether is raising an additional $20 billion, pushing the company’s valuation to $500 billion.

If successful, Chairman Giancarlo Devasini will see his net worth soar to $224 billion, making him the 5th richest person in the world — surpassing Warren Buffett and ranking just behind Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg.

Tether remains a crucial player in the crypto industry, yet it is still a company shrouded in mystery. Chances are, many of you may not know much about Giancarlo Devasini — and for some, this could even be the very first time hearing his name.

#Tether #Crypto #Stablecoin #Fiat #Bitcoin #CryptoNews #Blockchain

CITI BANK FORECASTS STABLECOIN MARKET TO SURGE TO $4 TRILLION BY 2030

🔹 Citi’s base case projects $1.9 trillion, while in an optimistic scenario the market could reach $4 trillion by 2030 — $1 trillion higher than the U.S. Treasury Secretary’s own estimate.

🔹 Citi believes stablecoins will not harm the banking system but instead enhance the financial system alongside tokenized bank deposits.

🔹 The stablecoin market has already surpassed $287 billion as of September, following the U.S. passage of the GENIUS Act, which provides a clear regulatory framework for stablecoins.

🔹 U.S. Treasury Secretary Scott Bessent stated that stablecoins could help preserve the global strength of the U.S. dollar, while President Trump’s administration is making stablecoins a key part of its crypto growth strategy.

📌 More updates: @GlobalCryptosOfficial
🌐 GlobalCryptos.trade

UNITED NATIONS ADOPTS BLOCKCHAIN TO REFORM ITS PENSION SYSTEM

The United Nations (UN) has implemented blockchain to modernize the UN Joint Staff Pension Fund (UNJSPF), which had relied on manual paper-based processes for over 70 years. The legacy system often led to errors, fraud, and thousands of suspended payments each year.

Since its pilot in 2020 and full rollout in 2021, blockchain has enabled faster and more transparent digital identity verification, streamlined case processing, eliminated risks tied to centralized management, and reduced the need for repeated identity checks.

Research concluded that blockchain is the most effective technology for digital identity verification, opening the door for this model to be shared with other international organizations.

The UN is now exploring expansion of this technology across its entire system, aiming to build it into a “digital public good” — a secure, scalable, and inclusive digital infrastructure for the future.

⸻

🌍 Stay updated with global crypto & blockchain insights
📌 @GlobalCryptosOfficial | 🌐 GlobalCryptos.trade

#Blockchain #UN #CryptoNews #DigitalIdentity #Web3 #Fintech #CryptoAdoption #Innovation #DigitalPublicGoods #FutureFinance

New York City Mayor Eric Adams has suspended his re-election campaign, citing media speculation and campaign finance difficulties.

Although Adams did not explicitly mention cryptocurrency in his announcement, he has been a strong supporter of crypto in New York City. He received his first three paychecks in Bitcoin and spearheaded the city’s first crypto summit.

At the summit in May, Adams stated:
“I want to reiterate that if you are working in cryptocurrency, blockchain, Web3, or fintech, New York City always welcomes you.”

#CryptoNews #Bitcoin #Blockchain #Web3 #CryptoNYC #GlobalCryptos

GlobalCryptos: A New Way to Convert Crypto into Cash .
================
Our English Community :

X : https://x.com/globalcryptost?s=21
Telegram Channel : https://t.me/+OBWUueJ1uxkzYTY9
Telegram Group : https://t.me/+r4NRlOIOf10xMmM1
Our Shop On : Mexc , Okx , Htx , Localcoinswap.com


Our Japanese Community :

Telegram Channel : t.me/GlobalCryptosTradeJapan

——————

Support : Line/Telegram @GlobalCryptosOfficial

#GlobalCryptos #CryptoAssets #Cryptocurrency #CashOut #CryptoTrading #CryptoExchange #CryptoCashOut

🇺🇸 SEC Opens the Door for Crypto Custody

🔹 The SEC has clarified that investment advisers can now use state-chartered trust companies to custody crypto for clients.

🔹 Normally, assets must be held with a qualified custodian such as a bank or federally chartered trust.

🔹 Under this new guidance, state-regulated trusts also qualify, as long as advisers conduct due diligence and ensure it’s in the client’s best interest.

🔹 Why it matters:
• More safe custody options for crypto.
• Firms like Coinbase, Ripple (via Standard Custody), BitGo, and WisdomTree may now be recognized as qualified custodians.

👉 While not yet permanent law, this provides much-needed clarity for funds and managers today.

#Crypto #Bitcoin #Ethereum #Blockchain #CryptoCustody #SECGuidance #GlobalCryptos

🇬🇧 Analysis of GlobalCryptos Transaction Procedure – Anti-Fraud Measures

✅ Step 1: In-Person Meet-Up
• Both parties meet at a secure location (office, café, or fixed point).
• Prevents impersonation and online scams.
👉 Anti-fraud meaning: ensures right person – right place – direct verification.

✅ Step 2: Wallet Verification
• GlobalCryptos staff verifies the wallet address face-to-face.
• Eliminates risk of fake or scam wallet addresses.
👉 Anti-fraud meaning: prevents scammers from tricking clients into sending to the wrong wallet.

✅ Step 3: Test Transfer (10 USDT)
• Seller sends only 10 USDT first.
• Staff confirms receipt and shows proof.
👉 Anti-fraud meaning: ensures wallet is valid before sending the full amount, avoiding “total loss.”

✅ Step 4: Cash Counting
• After test success, staff counts the full cash amount in front of both parties.
• Seller verifies authenticity and amount of cash.
👉 Anti-fraud meaning: prevents underpayment, counterfeit, or missing cash.

✅ Step 5: Full Transfer
• Only after confirming the cash, the seller sends the remaining USDT.
👉 Anti-fraud meaning: protects the seller from sending crypto without seeing the money.

✅ Step 6: Completion
• Once full USDT is received, the seller gets full cash.
• Both parties confirm the deal is completed.
👉 Anti-fraud meaning: ensures no one holds both cash and crypto at the same time.

🛡️ Conclusion:
This step-by-step process protects both seller and buyer, balancing risk and ensuring transparent, secure, scam-free transactions.

TOKENIZATION OF ASSETS WILL BECOME A GLOBAL TREND

🔹 Robinhood CEO Vlad Tenev said tokenization is an “unstoppable bullet train.”
🔹 Robinhood is currently issuing U.S. stocks in tokenized form directly on the Arbitrum blockchain but plans to move to its own Layer 2. Over 200 tickers have already launched in the EU, and this region is likely to lead the trend since the U.S. market is too large and complex.
🔹 The Robinhood CEO predicts that tokenization will become the default approach to stocks globally within the next five years, with BlackRock and Morgan Stanley also joining the movement.

#Tokenization #Blockchain #Robinhood #DigitalAssets #BlackRock #MorganStanley #CryptoTrends #GlobalFinance #TokenizedStocks #FutureOfFinance

Reeve Collins, co-founder of Tether, predicted that by 2030, all forms of money — including the dollar, euro, and yen — will exist as stablecoins on the blockchain. Stablecoins will become the main medium for money transfers thanks to being faster, more transparent, and more convenient than traditional finance.

He emphasized that the U.S. policy shift toward crypto has paved the way for banks and major corporations to participate by issuing their own stablecoins. In the future, CeFi and DeFi will converge, creating hybrid applications for lending, investing, and money transfers.

#Stablecoin #CryptoNews #Blockchain #CeFi #DeFi #DigitalAssets #FutureOfFinance #Web3 #CryptoAdoption

Samsung partners with Coinbase to integrate Coinbase One directly into Samsung Wallet

This rollout gives 75 million Galaxy users in the U.S. access to the following benefits:
• Zero trading fees
• Increased staking rewards
• No need to install separate apps or transfer funds between platforms

Samsung Pay is also linked to Coinbase accounts, enabling crypto payments directly within the wallet, alongside bank cards, transit passes, and IDs.

The service will launch first in the U.S. and expand to international markets in the near future.

#Samsung #Coinbase #SamsungWallet #CryptoPayments #Staking #Blockchain #Galaxy #Fintech #CryptoNews