BlackRock has urged the Office of the Comptroller of the Currency to eliminate a proposed 20% cap on tokenized reserve assets under the GENIUS Act. In a detailed letter, the firm argued that risk depends on asset quality and liquidity—not whether reserves are on blockchain. BlackRock warned the cap could limit growth of tokenized products like BUIDL. The move comes as tokenized real-world assets surge, with rapid growth expected ahead of the law’s 2027 implementation.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Space Exploration Technologies Corp (NASDAQ: SPCX) has released its first-ever quarterly earnings report since going…
On Tuesday, August 4, the US Court of Appeals for the Second Circuit turned down…
Chainlink's price is back in the spotlight after on-chain data revealed its largest daily exchange…
Bitdeer is making one of its biggest moves beyond Bitcoin mining. The company has signed…
Avalanche keeps adding real-world use cases, yet AVAX refuses to reflect that momentum. The network…
As companies and individual holders move more funds on-chain, public ledger transparency is becoming a…
