Traditional financial institutions and companies seeking permission to issue payment stablecoins are redesigning their compliance systems as regulators move to implement the GENIUS Act. The work extends beyond ensuring that tokens are fully backed. Banks, credit unions, cryptocurrency-native businesses and other prospective issuers must determine which regulator will supervise tokens, upgrade…
Brad Bowman, Senior Director at the FDD, joined “Forbes Newsroom” to discuss his experience as a Black Hawk pilot flying in U.S. airspace directly after 9/11.
