Offchain Labs subsidiary Tandem head and former Nasdaq digital asset business leader Ira Auerbach stated that the US is expected to solidify the GENIUS Act regulatory framework by 2026. Stablecoin issuers that previously relied on offshore compliance systems will be more motivated to bring reserves and operations back to the US mainland. At the same time, he revealed that some pension fund providers are preparing to test target date funds and balanced funds with 0.5%—1% crypto asset allocation, indicating that crypto assets may gradually become a structural component of long-term asset allocation rather than just a short-term trading tool. (CoinDesk)
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Offchain Labs subsidiary Tandem head and former Nasdaq digital asset business leader Ira Auerbach stated that the US is expected to solidify the GENIUS Act regulatory framework by 2026. Stablecoin issuers that previously relied on offshore compliance systems will be more motivated to bring reserves and operations back to the US mainland. At the same time, he revealed that some pension fund providers are preparing to test target date funds and balanced funds with 0.5%—1% crypto asset allocation, indicating that crypto assets may gradually become a structural component of long-term asset allocation rather than just a short-term trading tool. (CoinDesk)