WuShuo has learned that Bitcoin treasury company Genius Group (GNS) released a company update, stating that in April 2026, it entered the regulated digital banking and stablecoin issuance sector by acquiring a 9.9% stake in Bermuda dual-licensed digital bank Jewel Bank. Jewel Bank holds a banking license and a Class F digital asset business license from the Bermuda Monetary Authority. The company claims it is poised to become a licensed payment stablecoin issuer under the U.S. GENIUS Act. The company disclosed that its Q1 2026 operating revenue grew 171% year-over-year, with gross profit up 228% year-over-year to $2 million. It also projects full-year 2026 revenue to reach $20–22 million. https://(wublock123.com)/news/genius-group-jewel-bank-stablecoin-digital-bank-60962