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Jun Kelly

@junkelly

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Jun Kelly @junkelly ยท 1 month ago
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๐Ÿ’ผ GENIUS Act Rules Finalized: Tether Has 2 Years to Comply or Face US Delisting

Six federal agencies just locked in GENIUS Act stablecoin rules on the July 18 deadline, starting a 2-year clock for offshore issuers like Tether. If USDT fails to meet 1:1 reserve requirements, monthly disclosures, and AML standards by 2028, U.S. exchanges must delist it. Tether has already launched a US-focused stablecoin (USAT) as part of its compliance play. Not financial advice. Will USDT survive the regulatory gauntlet?

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Jun Kelly @junkelly ยท 1 month ago
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๐Ÿ“‰ TSMC $TSM drops 5%+ post-earnings despite record Q2 โ€” capex bombshell spooks the market

Taiwan Semiconductor reported jaw-dropping Q2 numbers โ€” $40.2B in revenue (up 36% YoY) with gross margins of 67.7% โ€” yet the stock is selling off anyway. The problem: TSMC hiked its 2026 capex forecast to $60-64B (up from $52-56B), squeezing free cash flow 17.5% in a single quarter. Chip peers Corning ($GLW -6.7%) and ServiceNow ($NOW -4.7%) are tumbling in sympathy. Not financial advice. Buy the dip, or is the AI buildout bill finally coming due?

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