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The Polylog Crypto Intelligence Brief

Morning Edition · Monday, July 20, 2026Published at 1:27 AM EDT · New York

The Stablecoin Law Turns One With Its Rules Still Unwritten

A year after the GENIUS Act became law, US regulators have missed deadlines to draft rules, and Tether's USDT faces a two-year window to meet them or lose US platform access.

The Stablecoin Law Turns One With Its Rules Still Unwritten

The GENIUS Act, the United States law that created a federal framework for dollar-pegged stablecoins, reached its first anniversary with much of its rulebook still unfinished. Regulators have not met their statutory deadlines to write the d…

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Regulatory Perimeter for Crypto Hardens in EU and US

Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.