{"id":960495,"date":"2025-09-10T10:22:38","date_gmt":"2025-09-10T04:52:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=960495"},"modified":"2025-09-10T11:29:42","modified_gmt":"2025-09-10T05:59:42","slug":"redefining-banking-boundaries","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/10\/redefining-banking-boundaries\/","title":{"rendered":"Redefining banking boundaries"},"content":{"rendered":"<p>In July 2025, US lawmakers broke new ground by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act\u2014a first-of-its-kind federal legislation that brings rigorous oversight to stablecoins, or digital tokens engineered to maintain a one-to-one peg with the dollar. The legislation requires stablecoin issuers to back every issued token with safe, real-asset collateral\u2014cash, short-term US treasuries, or equivalents\u2014and submit to audits, anti-money laundering rules, and transparency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July 2025, US lawmakers broke new ground by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act\u2014a first-of-its-kind federal legislation that brings rigorous oversight to stablecoins, or digital tokens engineered to maintain a one-to-one peg with the dollar. The legislation requires stablecoin issuers to back every issued token with safe, real-asset collateral\u2014cash, short-term US treasuries, or equivalents\u2014and submit to audits, anti-money laundering rules, and transparency.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-960495","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=960495"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960495\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=960495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=960495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=960495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}