The CFTC is moving to cement non-custodial software developer protections following the Phantom no-action letter. As a software engineer, I see this as a massive structural win for the "Code is Law" movement. By differentiating between service providers and those who simply write open-source logic, the regulators are finally protecting the builders of the Web3 backend. This provides a clear "Safe Harbor" for engineers to innovate without the threat of being treated like a bank. This is exactly the kind of policy clarity needed to attract the next wave of high-level talent to the blockchain spa

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MissCrypto

04-04 18:09

#GENIUSImplementationRulesDraftReleased
📜 #GENIUSImplementationRulesDraftReleased
The release of draft implementation rules under the GENIUS Act marks a significant step toward structured and transparent regulation in the stablecoin ecosystem. Designed to bring clarity to digital payment assets, these rules aim to establish clear licensing processes, compliance standards, and operational guidelines for issuers.
At the core of the framework is a strong emphasis on stability and trust. Stablecoin issuers are expected to maintain 1:1 reserves backed by highly liquid assets, alongside strict ove

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