Northern Colorado bankers worry about stablecoin legislation
FORT COLLINS — You may not have thought much about the new federal GENIUS Act and what it might mean for the future of consumer banking, but many Northern Colorado bankers have been worrying about it quite a bit.
Congress passed the new stablecoin legislation in July, and it has big implications for local economies, several Northern Colorado bankers said at the BizWest Banking CEO Roundtable Tuesday. BizWest holds regular industry roundtable events to get input from area business leaders.
The GENIUS — or Guiding and Establishing National Innovation and U.S. Stablecoins — Act generally creates new federal regulations…
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