U.S. to Strengthen GENIUS Act Regulations by 2026, Says Former Nasdaq Executive

According to ChainCatcher, former Nasdaq Digital Assets head Ira Auerbach has indicated that the United States is set to enhance the regulatory framework of the GENIUS Act by 2026. This development is expected to benefit stablecoin issuers who previously relied on offshore regulatory systems, as relocating reserves and operations back to the U.S. will offer significant advantages. Auerbach also mentioned that some retirement plan providers are considering testing a small allocation of 0.5% to 1% in cryptocurrencies within target-date funds and balanced funds. This move could potentially generate stable demand linked to market cycles.