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[News Brief] Apr 22, morning | U.S. regulators are still working on detailed stablecoin rules even one year after the GENIUS Act took effect

Even one year after the GENIUS Act took effect, U.S. regulators still have not made meaningful progress in finalizing detailed rules for stablecoins.

[News Brief] Apr 22, morning | U.S. regulators are still working on detailed stablecoin rules even one year after the GENIUS Act took effect

U.S. regulators are still working on detailed stablecoin rules even one year after the GENIUS Act took effect

According to Odaily, one year has passed since President Trump signed the GENIUS Act, but U.S. regulators are still drafting detailed rules for stablecoins.

The GENIUS Act aims to establish a federal regulatory framework for stablecoin issuers in the United States and requires rules covering reserve management, governance, and operational requirements.

Detailed measures are still being advanced by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, among others.

Wallet address believed to belong to the BANK Foundation transfers 84 million BANK to an Aster deposit address

According to on-chain data, an address labeled as a BANK Foundation wallet moved 84 million BANK to a new address, which was then transferred to an Aster deposit address.

PANews reported on the 19th that the fund movement occurred after a sharp rise in the price of BANK. BANK has more than tripled in recent days and is trading at around $0.16.

Asian countries expand crypto regulation and service rollouts

Wu Blockchain highlighted major weekly crypto news in Asia, including Japan’s recognition of crypto as a financial product, South Korea’s push for a tokenized government bond pilot, and Russia’s approval of USDT and USDC trading for qualified investors.

Other notable issues included Coinbase opening registration to users in China and Bybit launching in Indonesia. The trend of expanding crypto regulation and service rollouts across countries is continuing.

predict.fun launches 30 fan-point markets related to the World Cup final

According to Odaily, predict.fun has officially launched 30 fan-point markets related to the World Cup final.

The markets include items such as match outcome, score, goals, corner kicks, and player performance for the Argentina vs. Spain match, with nearly 200,000 fan points allocated in total.

Supporters of the eventual championship-winning team will share a final prize pool of 260,000 USDT based on their point rankings.

China Securities Regulatory Commission to hold symposium with listed companies and market institutions on the 20th

PANews, citing Securities Times, reported that the China Securities Regulatory Commission will hold a symposium on the 20th for listed companies and market institutions.

At the meeting, the CSRC plans to hear opinions and suggestions aimed at promoting the stable and healthy development of the market.

PPP announces schedule for the Spain vs. Argentina match

According to Odaily, PPP announced the match schedule for Spain and Argentina.

The Spain vs. Argentina match is scheduled for July 20 at 04:00 KST.