#GENIUSAct #newscrypto

Institutional and regulatory news 07/22/25

J.P. Morgan is about to launch crypto-backed loans (BTC, ETH as collateral), a notable turnaround from its previous hostile stance.

The U.S. Senate published a draft to structure crypto markets, reinforcing initiatives like the GENIUS Act, which has been law since July 18 to regulate stablecoins.

GENIUS Act: now requires stablecoins to be backed 1:1 in dollars or low-risk assets, which will allow for greater clarity and potential institutional adoption — but it could take up to 18 months to be fully implemented.

Coinbase UK highlights that the UK has the advantage of learning from the regulatory mistakes of the EU/U.S., attracting talent and MiCA licenses under a cleaner framework.