Express

Bitcoin Treasury Company Genius Group Plans to Issue Stablecoin and Provide Digital Asset Services

Summary: According to reports, Bitcoin treasury company Genius Group, currently listed on NYSE American under the New York Stock Exchange, disclosed plans to issue stablecoin and provide digital asset services under the 'GENIUS Act'. The company will apply to become a non-bank licensed stablecoin issuer and digital asset service provider through its holding company or its ...

According to reports, Bitcoin treasury company Genius Group, currently listed on NYSE American under the New York Stock Exchange, disclosed plans to issue stablecoin and provide digital asset services under the 'GENIUS Act'. The company will apply to become a non-bank licensed stablecoin issuer and digital asset service provider through its holding company or its wholly-owned subsidiary, and is exploring expanding the functionality of the Genius wallet beyond GEM points to include support for stablecoin cross-border transactions. Genius Group currently holds 200 bitcoins, with a market value of approximately $23 million based on the current price of $113,000.

Last Update:

Tags:
Link: Bitcoin Treasury Company Genius Group Plans to Issue Stablecoin and Provide Digital Asset Services [Copy]

Last: US Initial Jobless Claims Fall to 218,000 in Week Ending September 20, Below Expected 235,000

Next: Blockchain-based microloan company Divine completes $6.6 million seed funding round, led by Paradigm

GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 4 days ago

U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 8 days ago

BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 22 days ago

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 29 days ago

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025