BYDFi Joins Solana Accelerate APAC at Consensus Hong Kong, Expanding Solana Ecosystem Engagement

  vor 9 Monaten

Victoria, Seychelles, February 12th, 2026, Chainwire BYDFi , a global cryptocurrency trading platform, announced its participation as a sponsor of Solana Accelerate APAC during Consensus Hong Kong 2026. The event was held at the Hong Kong Convention and Exhibition Centre alongside the broader Consensus Hong Kong conference. The combined gathering brought together founders, institutional representatives, policymakers, and blockchain developers, underscoring Hong Kong’s role as a regional hub and an established meeting point for Web3 and blockchain innovation across the Asia-Pacific region. BYDFi at Solana Accelerate APAC in Hong Kong Solana Accelerate APAC convened the Solana community and broader crypto ecosystem around the future of internet capital markets and onchain innovation, set against the backdrop of a global financial center known for clear frameworks and active market participation. BYDFi’s participation marked a first, deeper step into Solana-focused programming and community dialogue. Discussions also reflected ongoing market focus on crypto regulation in Hong Kong and crypto licensing in Hong Kong. During the event, the BYDFi team was on site to meet attendees, share product context, and distribute limited merchandise, including Newcastle United co-branded items as part of BYDFi’s ongoing brand collaboration with the club. The booth saw strong foot traffic throughout the day. What BYDFi Is Sharing in Hong Kong BYDFi used the event to share how a CEX + DEX dual-engine approach can support clearer participation across venues and workflows, particularly for users who want both centralized liquidity and onchain discovery in one connected experience. MoonX , BYDFi’s onchain trading engine, supports Solana and is designed to help users track and navigate fast moving onchain markets with a workflow built for speed, signal clarity, and execution efficiency. In parallel, BYDFi highlighted reliability foundations that support long term trust in volatile markets, with an emphasis on operational safeguards and service responsiveness. These include over 1:1 Proof of Reserves with periodic public reporting , an 800 BTC Protection Fund , and 24/7 multilingual customer support with timely responses across official channels, including social media . Why This Matters for BYDFi and the Solana Ecosystem Solana Accelerate APAC brought ecosystem builders and market infrastructure discussions into the same orbit. BYDFi’s participation centered on two goals: listening closely to Solana-native users and teams, and exploring deeper collaboration opportunities that can strengthen product coverage, user experience, and market access as the crypto market continues to mature. Michael, Co-Founder and CEO of BYDFi, said: Solana Accelerate APAC creates the right setting for practical conversations between builders, market participants, and policymakers. BYDFi joined to learn, connect, and contribute in a way that holds up over time. Reliability is built through consistent infrastructure, clear safeguards, and responsive support, and BYDFi will continue strengthening all three as engagement across the Solana ecosystem deepens. About BYDFi Founded in 2020, BYDFi now serves over 1 million users across 190+ countries and regions. BYDFi is Newcastle United’s Exclusive Official Crypto Exchange Partner. Recognized by Forbes as one of the Best Crypto Exchanges In Canada For 2026 , BYDFi offers intuitive, low-fee trading across Spot and Perpetual Contracts to Copy Trading , and Automated Crypto Trading Bots , empowering both new and experienced traders to navigate digital assets with confidence. BYDFi is dedicated to delivering a world-class crypto trading experience for every user. BUIDL Your Dream Finance. Website: https://www.bydfi.com Support email: cs@bydfi.com Business partnerships: bd@bydfi.com Media inquiries: media@bydfi.com Twitter( X ) | LinkedIn | Telegram | YouTube | TikTok | How to Buy on BYDFi Contact Senior Marketing Director Chloe BYDFi Fintech LTD chloe@bydfi.com

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Flipster FZE Secures In-Principle Approval from VARA, Reinforcing Commitment to Regulated Crypto Access

  vor 9 Monaten

Dubai, UAE, February 12th, 2026, Chainwire Flipster , a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval is a key milestone in Flipster’s expansion into the Middle East and reinforces its focus on building safe, compliant access to digital assets in regulated markets. The in-principle approval allows Flipster FZE to progress toward offering regulated virtual asset services under VARA’s framework, with spot trading as the initial offering. It reflects Flipster’s long-term strategy to operate within established regulatory frameworks in key global markets. “This milestone is a meaningful vote of confidence in our long-term commitment to the region,” said Benjamin Grolimund, General Manager at Flipster FZE. “The Middle East has become a blueprint for how digital assets should be regulated and adopted. VARA’s clear framework enables innovation while prioritizing trust and security — and we’re committed to building trading solutions that meet the highest standards globally.” Flipster’s regulatory progress is matched by its continued enhancement of its compliance infrastructure. The platform’s partnership with Chainalysis enhances its capabilities in transaction monitoring and risk management — supporting Flipster’s readiness to meet VARA’s regulatory standards and operate with greater accountability and oversight. Flipster first announced its entry into the Middle East in May 2025, with the appointment of Benjamin Grolimund, a seasoned fintech executive with prior leadership roles at Rain and Bloomberg. The UAE’s regulatory clarity and maturing digital asset ecosystem continue to position it as a strategic base for Flipster’s global growth plans. About Flipster FZE Flipster FZE is a regulated digital asset exchange planning to offer spot trading across leading cryptocurrencies. The platform is engineered for dependable execution, transparent pricing, and a streamlined user experience. With a strong emphasis on compliance and security, Flipster provides users with a trusted venue to access digital asset markets with confidence. Users can learn more at flipster.io or follow X . ContactFlipsterpr@flipster.io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

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EUR/GBP Forecast: Bullish Momentum Accelerates After Shocking UK GDP Contraction

  vor 9 Monaten

BitcoinWorld EUR/GBP Forecast: Bullish Momentum Accelerates After Shocking UK GDP Contraction LONDON, March 2025 – The EUR/GBP currency pair demonstrates remarkable resilience following unexpectedly weak UK GDP data, with analysts at ING maintaining a bullish outlook that challenges conventional market expectations. This development emerges as European economic stability contrasts sharply with Britain’s recent economic contraction, creating significant trading opportunities for forex market participants. EUR/GBP Technical Analysis and Market Positioning Currency traders witnessed substantial movement in the EUR/GBP pair this week. The cross currently trades around 0.8650, representing a notable 1.8% monthly gain. Technical indicators reveal strong support at the 0.8600 level, while resistance appears near 0.8700. Market positioning data shows institutional investors increasing long positions on the euro against sterling. Several key factors contribute to this technical setup. First, moving averages demonstrate bullish alignment across multiple timeframes. Second, trading volume patterns indicate sustained institutional interest. Third, volatility metrics remain within historical norms despite the fundamental catalyst. These technical elements combine with fundamental drivers to create the current market environment. Chart Patterns and Historical Context Historical analysis reveals important context for current movements. The EUR/GBP pair typically exhibits seasonal patterns during this quarter. Previous reactions to UK economic data show similar directional tendencies. However, the current magnitude exceeds most historical precedents from the past five years. UK Economic Contraction: Detailed Analysis The Office for National Statistics released preliminary Q1 2025 GDP data showing a 0.3% quarterly contraction. This disappointing figure follows three consecutive quarters of stagnant growth. Multiple economic sectors contributed to this decline, with particular weakness in manufacturing and consumer services. Key components of the GDP report include: Manufacturing output declined by 1.2% quarter-over-quarter Services sector growth remained flat at 0.0% Construction activity decreased by 0.8% Business investment fell by 2.1% Comparative analysis reveals concerning trends. The UK economy now underperforms both Eurozone and G7 averages. Furthermore, inflation-adjusted wage growth continues to disappoint households. These factors collectively pressure the Bank of England’s policy decisions. Eurozone Economic Resilience and Comparative Strength Meanwhile, Eurozone economic indicators demonstrate surprising resilience. Preliminary data suggests 0.4% quarterly growth across the currency bloc. Germany and France lead this expansion with manufacturing rebounds. Southern European economies also show gradual improvement. The European Central Bank maintains a cautiously optimistic stance. Recent communications emphasize data-dependent policy approaches. However, inflation trends show continued moderation toward target levels. This creates potential for policy divergence with the Bank of England. Economic Performance Comparison: UK vs Eurozone (Q1 2025) Indicator United Kingdom Eurozone GDP Growth -0.3% +0.4% Manufacturing PMI 48.2 50.8 Services PMI 49.8 52.1 Unemployment Rate 4.5% 6.4% Inflation Rate 3.2% 2.4% ING Analysis: Expert Perspective on Currency Dynamics ING currency strategists provide detailed reasoning for their bullish EUR/GBP outlook. Their analysis considers multiple timeframes and fundamental drivers. The research team emphasizes three primary factors supporting their position. First, monetary policy divergence appears increasingly likely. Second, relative economic momentum favors the Eurozone. Third, technical factors align with fundamental developments. Their quarterly forecast projects EUR/GBP reaching 0.8800 by mid-2025. Historical Accuracy and Methodology ING’s forecasting methodology incorporates quantitative and qualitative elements. Their models analyze over 50 economic variables. Historical accuracy rates exceed 70% for six-month projections. The team regularly adjusts forecasts based on new data releases. Market Implications and Trading Considerations Currency traders face important decisions following this development. Several trading strategies become relevant in the current environment. Position sizing requires careful consideration of volatility metrics. Risk management remains paramount given potential policy surprises. Key trading considerations include: Timing entries around economic data releases Monitoring central bank communications for policy signals Assessing correlation with other currency pairs Evaluating hedging strategies for portfolio protection Market liquidity typically improves during European trading hours. However, overnight gaps sometimes occur around major announcements. Professional traders often use limit orders to manage execution risks. Broader Economic Context and Global Connections The EUR/GBP movement occurs within a complex global economic landscape. US Federal Reserve policy influences dollar crosses significantly. Asian economic developments affect risk sentiment broadly. Commodity price fluctuations impact terms of trade calculations. Geopolitical factors also merit consideration. Trade negotiations between the UK and EU continue evolving. Energy market developments affect both economies differently. Migration patterns influence labor market dynamics substantially. Conclusion The EUR/GBP currency pair demonstrates clear bullish momentum following weak UK GDP data. ING’s analysis provides a compelling framework for understanding this movement. Technical factors align with fundamental developments to create trading opportunities. Market participants should monitor upcoming economic releases closely. The Bank of England’s response to growth concerns will prove particularly significant. This EUR/GBP forecast situation exemplifies how currency markets react to economic divergences between major economies. FAQs Q1: What specific UK GDP data triggered the EUR/GBP movement? The Office for National Statistics reported a 0.3% quarterly contraction in Q1 2025 GDP, worse than the 0.1% growth economists expected. This marked the first contraction since 2023 and reflected broad-based weakness across multiple economic sectors. Q2: How does ING justify their bullish EUR/GBP forecast? ING analysts cite three primary factors: likely monetary policy divergence between the ECB and BoE, stronger relative economic momentum in the Eurozone, and supportive technical patterns that align with fundamental developments in both economies. Q3: What technical levels should traders monitor for EUR/GBP? Key support appears at 0.8600, with additional support near 0.8550. Resistance levels to watch include 0.8700 and 0.8750. Breaking above 0.8700 could signal further bullish momentum toward ING’s 0.8800 target. Q4: How might the Bank of England respond to weak GDP data? The BoE faces difficult trade-offs between supporting growth and controlling inflation. Most analysts expect a cautious approach, potentially delaying rate hikes but not immediately cutting rates unless the economic deterioration accelerates significantly. Q5: What risks could challenge the bullish EUR/GBP outlook? Potential risks include stronger-than-expected UK economic rebounds, unexpected Eurozone economic weakness, geopolitical developments affecting European stability, or coordinated central bank interventions in currency markets. This post EUR/GBP Forecast: Bullish Momentum Accelerates After Shocking UK GDP Contraction first appeared on BitcoinWorld .

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Flipster FZE Secures In-Principle Approval from VARA, Reinforcing Commitment to Regulated Crypto Access

  vor 9 Monaten

Dubai, UAE, February 12th, 2026, Chainwire Flipster , a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval is a key milestone in Flipster’s expansion into the Middle East and reinforces its focus on building safe, compliant access to digital assets in regulated markets. The in-principle approval allows Flipster FZE to progress toward offering regulated virtual asset services under VARA’s framework, with spot trading as the initial offering. It reflects Flipster’s long-term strategy to operate within established regulatory frameworks in key global markets. “This milestone is a meaningful vote of confidence in our long-term commitment to the region,” said Benjamin Grolimund, General Manager at Flipster FZE. “The Middle East has become a blueprint for how digital assets should be regulated and adopted. VARA’s clear framework enables innovation while prioritizing trust and security — and we’re committed to building trading solutions that meet the highest standards globally.” Flipster’s regulatory progress is matched by its continued enhancement of its compliance infrastructure. The platform’s partnership with Chainalysis enhances its capabilities in transaction monitoring and risk management — supporting Flipster’s readiness to meet VARA’s regulatory standards and operate with greater accountability and oversight. Flipster first announced its entry into the Middle East in May 2025, with the appointment of Benjamin Grolimund, a seasoned fintech executive with prior leadership roles at Rain and Bloomberg. The UAE’s regulatory clarity and maturing digital asset ecosystem continue to position it as a strategic base for Flipster’s global growth plans. About Flipster FZE Flipster FZE is a regulated digital asset exchange planning to offer spot trading across leading cryptocurrencies. The platform is engineered for dependable execution, transparent pricing, and a streamlined user experience. With a strong emphasis on compliance and security, Flipster provides users with a trusted venue to access digital asset markets with confidence. Users can learn more at flipster.io or follow X . ContactFlipsterpr@flipster.io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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MYX Finance (MYX) Plunges 40% Daily, Bitcoin (BTC) Stalls at $67K: Market Watch

  vor 9 Monaten

Bitcoin’s underwhelming price movements continue as the asset has failed to stage a notable recovery from its dip below $66,000 yesterday and now sits just a grand higher. Some altcoins have posted more impressive gains over the past day, including HYPE and HBAR, both of which have gained around 5%. BTC Stalls at $67K The primary cryptocurrency has been in a knockdown state for weeks. Ever since it was rejected at $90,000 on January 28, the predominant force in the market has been the bears . The culmination of a week-long correction took place last Friday when they drove the asset to its lowest position in well over a year at $60,000. After such a calamity in which bitcoin lost $30,000 in less than ten days, the bulls finally intervened and staged a quick and impressive rebound to $72,000. BTC tried to take down that level on a couple of occasions by Monday, but it was ultimately stopped. The latest correction occurred yesterday when bitcoin slipped below $66,000 again. Although it bounced to $68,000 almost immediately, it couldn’t continue higher and now trades around $67,000 once more after a 5% weekly decline. Its market cap struggles at $1.340 trillion on CG, while its dominance over the alts has dropped further to 56.6%. BTCUSD Feb 12. Source: TradingView MYX Plunges Most larger-cap alts are slightly in the green on a daily scale. However, ETH continues to trade well below $2,000, and XRP is beneath $1.40. Only BNB has defended its territory and sits above $600 from the top 5 alts. HYPE and HBAR are today’s top gainers from this cohort of altcoins, posting 5% gains to $30 and $0.093, respectively. PIPPIN continues to chart notable gains, surging 11% daily and a whopping 190% weekly to almost $0.50. ASTER and VET follow suit. In contrast, MYX has dumped by nearly 40% daily to under $3.3. The total crypto market cap has remained below $2.4 trillion on CG, even though it has increased slightly ($2o billion or so) since yesterday. Cryptocurrency Market Overview Feb 12. Source: QuantifyCrypto The post MYX Finance (MYX) Plunges 40% Daily, Bitcoin (BTC) Stalls at $67K: Market Watch appeared first on CryptoPotato .

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What Ripple’s Federal Master Account Brings for RLUSD

  vor 9 Monaten

Crypto researcher SMQKE issued a direct response to a recent post by BankXRP, asserting that Ripple’s pursuit of a Federal Reserve master account would allow the reserves backing its U.S. dollar stablecoin, RLUSD, to be held directly within the central banking system. SMQKE supported the statement by sharing documentation, signaling that the claim was rooted in formal regulatory filings rather than interpretation or speculation. The post stated that Ripple’s federal master account would place RLUSD reserves directly at the Federal Reserve, adding that the information was documented. The attached image highlights language describing Ripple’s intent to position stablecoin reserves inside the U.S. central banking infrastructure. This move would represent a departure from traditional reliance on commercial banking partners. RIPPLE’S FEDERAL MASTER ACCOUNT WILL PLACE RLUSD RESERVES DIRECTLY IN THE CENTRAL BANKING SYSTEM Documented. https://t.co/nKtiFnVILI pic.twitter.com/hHZEhQnV30 — SMQKE (@SMQKEDQG) February 10, 2026 Initial Post and Key Assertions SMQKE’s comment was made in response to a post from BankXRP that referenced Docket No. OP-1877, a Federal Reserve Request for Information concerning the Reserve Bank Payment Account prototype. BankXRP suggested that approval of a Payment Account for Ripple would allow RLUSD reserves to be held at the Federal Reserve, removing exposure to commercial bank counterparty risk. According to BankXRP, this structure would enable settlement directly on Federal Reserve payment rails and enhance RLUSD ‘s stability profile. The post also linked this potential development to liquidity considerations and XRP’s role in facilitating payment flows across jurisdictions. Details From the Federal Reserve Submission The documentation highlighted by BankXRP included a formal comment letter submitted by Ripple Labs Inc. to the Board of Governors of the Federal Reserve System. Dated February 6, 2026, the letter expressed Ripple’s support for the Federal Reserve’s exploration of new account structures tied to digital asset infrastructure. In the letter, Ripple identified itself as an enterprise blockchain company involved in stablecoins and cross-border payments and outlined its interest in account access that reflects the changing nature of digital finance. The submission stated that Ripple intends to assist the Federal Reserve in refining the Payment Account prototype to support resilient and efficient payment activity in the United States. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Notably, the text referenced Ripple’s intention to place RLUSD reserves directly in the central banking system, a point emphasized in SMQKE’s post. Implications of Direct Central Bank Custody If implemented, holding RLUSD reserves at the Federal Reserve would alter how the stablecoin is secured. Rather than relying on commercial banks to custody reserve assets, the reserves would be maintained at the central bank level. This would change the risk profile associated with reserve management and settlement operations. SMQKE’s post condensed this outcome into a single conclusion supported by the cited filing. When viewed alongside BankXRP’s explanation, the exchange centers on documented regulatory engagement and clearly states Ripple ‘s intention, focusing on institutional access and payment infrastructure rather than market reaction or price implications. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post What Ripple’s Federal Master Account Brings for RLUSD appeared first on Times Tabloid .

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Flipster FZE Secures In-Principle Approval from VARA, Reinforcing Commitment to Regulated Crypto Access

  vor 9 Monaten

Dubai, UAE, February 12th, 2026, Chainwire Flipster , a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval is a key milestone in Flipster’s expansion into the Middle East and reinforces its focus on building safe, compliant access to digital assets in regulated markets. The in-principle approval allows Flipster FZE to progress toward offering regulated virtual asset services under VARA’s framework, with spot trading as the initial offering. It reflects Flipster’s long-term strategy to operate within established regulatory frameworks in key global markets. “This milestone is a meaningful vote of confidence in our long-term commitment to the region,” said Benjamin Grolimund, General Manager at Flipster FZE. “The Middle East has become a blueprint for how digital assets should be regulated and adopted. VARA’s clear framework enables innovation while prioritizing trust and security — and we’re committed to building trading solutions that meet the highest standards globally.” Flipster’s regulatory progress is matched by its continued enhancement of its compliance infrastructure. The platform’s partnership with Chainalysis enhances its capabilities in transaction monitoring and risk management — supporting Flipster’s readiness to meet VARA’s regulatory standards and operate with greater accountability and oversight. Flipster first announced its entry into the Middle East in May 2025, with the appointment of Benjamin Grolimund, a seasoned fintech executive with prior leadership roles at Rain and Bloomberg. The UAE’s regulatory clarity and maturing digital asset ecosystem continue to position it as a strategic base for Flipster’s global growth plans. About Flipster FZE Flipster FZE is a regulated digital asset exchange planning to offer spot trading across leading cryptocurrencies. The platform is engineered for dependable execution, transparent pricing, and a streamlined user experience. With a strong emphasis on compliance and security, Flipster provides users with a trusted venue to access digital asset markets with confidence. Users can learn more at flipster.io or follow X . Contact Flipster pr@flipster.io

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Bitcoin Social Sentiment Stays Bearish Even As Price Recovers From $60,000 Drop

  vor 9 Monaten

Data shows the social media sentiment around Bitcoin has remained deeply bearish despite the recovery that the cryptocurrency’s price has made. Social Media Data Suggests Retail Still Fearful About Bitcoin In a new post on X, analytics firm Santiment has discussed about how the Positive/Negative Sentiment for Bitcoin has developed on social media following the recent recovery surge in the asset’s price. Related Reading: Ethereum Whale Selloff Continues As Supply Share Drops Under 75% The Positive/Negative Sentiment refers to an indicator that tells us, as its name suggests, how the positive and negative sentiments related to a given asset compare on the major social media platforms. The metric works by putting social media posts/threads/messages containing mentions of the asset through a machine-learning model to differentiate between positive and negative comments. Then, it counts up the number of posts in each category and finds their ratio. When the value of the indicator is greater than 1, it means the asset is observing more bullish messages than bearish ones. On the other hand, the metric being under this threshold implies the dominance of a negative sentiment. Now, here is the chart shared by Santiment that shows the trend in the Positive/Negative Sentiment for Bitcoin over the last few months: As is visible in the above graph, the Bitcoin Positive/Negative Sentiment rose to a notable level when the asset saw its rally in January. This suggests that retail traders on social media became greedy. What eventually followed the market greed was a top in the cryptocurrency and a reversal to the downside. As this drawdown took BTC back to the $60,000 level, the Positive/Negative Sentiment plummeted, meaning that fear now dominated social media platforms. Just like how the greedy sentiment led into a top, this bearish mentality paved way for a rebound instead. This is a pattern that has been witnessed with digital asset markets time and time again, with prices tending to move against the expectations of the crowd. Interestingly, even though BTC has climbed back into the high $60,000 levels since its low, the Positive/Negative Sentiment has continued to be at low levels. “Historically, while FUD is high, price rebounds have a heightened probability,” noted the analytics firm. It now remains to be seen how Bitcoin will develop in the near future, given the current bearish sentiment. Related Reading: Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber In some other news, the stablecoin market cap has dipped recently, as Capriole Investments founder Charles Edwards has highlighted in an X post. Edwards has pointed out that the stablecoin market cap has historically only fallen in bear markets. If the recent trajectory of the combined USDT and USDC market cap is to go by, capital may once again be leaving this side of the sector. BTC Price Bitcoin recovered above $70,000 earlier, but the coin has since retraced a bit as its price is now trading around $67,700. Featured image from Dall-E, chart from TradingView.com

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NCUA advances implementation of the GENIUS Act

  vor 9 Monaten

The National Credit Union Administration has forwarded a proposal to regulate stablecoin activity within the US credit union system. The new rules are slated to advance the implementation of the bill-turned-law, the GENIUS Act. The NCUA issued a Notice of Proposed Rulemaking explaining how entities could apply for approval as permitted payment stablecoin issuers, or PPSIs, under its supervision. The proposal formally brings stablecoin-related operations into the agency’s regulatory framework for the first time. US credit union issues framework for stablecoin lending In a press statement on Wednesday, the credit regulator said the authority granted by Congress through the GENIUS Act establishes adequate standards for stablecoin issuance by federally insured credit unions. Today, NCUA moved forward with its plans to implement the GENIUS Act. The agency announced a proposed rule outlining the framework for credit union subsidiaries seeking approval to become a permitted payment stablecoin issuer. To learn more, visit: https://t.co/iDYzQ3zPxF — The NCUA (@TheNCUA) February 11, 2026 NCUA also mentioned that public comments on the proposal will be accepted for 60 days after publication in the Federal Register. The comment period is scheduled to close on April 13, 2026. “This proposed rule is the first step in NCUA’s implementation of the GENIUS Act,” NCUA Chairman Kyle Hauptman told the press. “We’re on track to meet the Congress’s July 18 deadline. Credit unions should be aware that they won’t be at a disadvantage versus other entities, whether in timing or standards.” The draft rule is currently available in the Federal Register for review, and the union has also posted guidance materials on its Financial Technology and Digital Assets Resource Page. Creditors to set rules for stablecoin issuance Under the proposed framework, credit unions would not be allowed to issue stablecoins directly. Any participation would need to occur through a licensed subsidiary designated as a PPSI. The structure separates stablecoin operations from core credit union activities in tandem with regulatory legislation. Applicants seeking PPSI status must meet the NCUA’s extensive governance and operational standards. Moreover, the rule requires background checks for executives, alongside capital requirements, reserve mandates, and anti-money laundering controls. Cybersecurity safeguards and operational resilience planning would also be mandatory. Stablecoins issued by approved subsidiaries would have to maintain a full one-to-one reserve backing and provide clear redemption rights for holders. The regulatory push comes at a time when the use of fiat-currency-backed digital assets is on the rise. According to the DeFi analytics platform DeFiLlama, the stablecoin market grew by a whopping 49% in 2025, driven by the passage and signing of the GENIUS Act in July. Stablecoins gained popularity among businesses and consumers after the US government changed its stance on cryptocurrencies. However, users prefer the digital assets to fiat because they have market-rate yields with no minimum balances or lockup periods. The NCUA’s proposed rule emerges as policymakers continue to balance innovation with American banks’ concerns about stablecoin-related financial stability. According to its press release, the credit union is moving to meet a July 18 congressional deadline for implementation. White House talks on stablecoins stall, bankers’ stance unchanged The issue of stablecoin yields was a focus of discussions earlier this week at the White House, where senior executives from both sectors met to find common ground. As reported by Cryptopolitan, the meeting was deemed “productive,” but the parties did not reach a final agreement on certain policies in the crypto market structure legislation, Clarity Act. The gathering is the second in a series of closed-door talks aimed at resolving disputes over whether stablecoin issuers should be allowed to offer rewards or interest. Representatives from major crypto firms, including Ripple and Coinbase, were in attendance, alongside trade organizations such as the Crypto Council for Innovation and the Blockchain Association. The banking industry attendees included Goldman Sachs, Citi, JPMorgan Chase, and the American Bankers Association. According to a leaked document, bankers presented a set of “prohibition principles” calling for strict limits on any financial or non-financial benefits for holding payment stablecoins. The proposal called for a ban on incentives linked to ownership or use of stablecoins, accompanied by enforcement measures and restrictions on insured deposits. Crypto industry representatives strongly opposed many of those principles during the meeting, according to a source familiar with the discussions. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

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