🏛️ The U.S. Treasury has opened public consultation on proposed GENIUS Act rules that would define when payment stablecoins are considered issued, offered or sold in the United States.
The framework is expected to take effect on Jan. 18, 2027. Issuers would generally need an appropriate federal or state license, while foreign stablecoins offered to U.S. users would face compliance requirements tied to lawful orders and reciprocal arrangements. Comments are due within 60 days of Federal Register publication.
Why it matters: these definitions could shape market access for issuers, exchanges and payment platforms operating across borders.
⚡ Strategy paused its Bitcoin activity last week, reporting no purchases or sales while keeping its holdings unchanged at 840,447 $BTC .
Instead, the company sold 3.46 million MSTR shares for about $333.7 million. It used the proceeds to repurchase preferred stock, fund dividends and add roughly $150 million to its U.S. dollar reserve, lifting that reserve to $4.8 billion.
Why it matters: Strategy remains one of the market’s largest corporate Bitcoin holders, so a week focused on liquidity and obligations rather than accumulation is a notable shift in capital allocation — without reducing its BTC position.