Whalesbook
Ab ye mamla hai GENIUS Act ka, jo July 2025 mein sign hua tha. Iske baad alag alag US agencies jaise OCC, Treasury Department, FinCEN, aur FDIC ne stablecoin issuers aur banks ke liye kayi saare naye rules propose kiye hain. Banks ka kehna hai ki ye rules itne complex hain aur ek dusre se jude hue hain ki jo usual 30 ya 60 din ka time milta hai, wo bilkul kaam ka nahi hai. Isliye, American Bankers Association (ABA) aur Bank Policy Institute (BPI) jaise bade groups ne kaha hai ki review ke liye aur zyada time chahiye taaki sab kuch properly check kar saken.
Aur ek aur peda hai banks ka! Wo stablecoin companies ko logon ke deposit par interest dene se bhi rokna chahte hain. Unko darr hai ki kahin logon ka $6 Trillion tak ka paisa banks se nikal kar stablecoins mein na chala jaye. Agar aisa hua toh banks ki earning aur local lending par impact pad sakta hai. White House ka alag analysis hai, par banks isko apni market share bachane ki ladai maan rahi hain.
Kuch logon ka kehna hai ki banks ki ye harkat innovation ko slow kar sakti hai aur bade financial institutions ko aur mazboot bana sakti hai. Stablecoins toh asaani se access aur potential returns deti hain, jo banks ke liye ek bada challenge hai. Is tarah ke delays se digital assets ka growth ruk sakta hai aur consumers ke liye options bhi kam ho sakte hain.
Overall, GENIUS Act ke rules July 2026 tak finalize hone chahiye, aur 2027 tak effective ho jayenge. Lekin abhi jo ye comment periods aur rules ko lekar debates chal rahi hain, lagta hai ye process lamba kheenchega. Agar banks ki chal gayi, toh ho sakta hai stablecoin rules unke liye zyada favorable hon aur innovation se zyada compliance par focus ho. Warna, uncertainty bani rahegi.