US Treasury Proposes New Rules for Stablecoins Under GENIUS Act
The U.S. Treasury Department is seeking public feedback on the proposed GENIUS Act, which aims to establish licensing requirements for stablecoin issuers. This initiative is part of broader regulatory efforts to clarify the landscape for cryptocurrency in the U.S., with key restrictions set to take effect in January 2027.
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US Treasury seeks public comment on GENIUS Act stablecoin rules
Under the law, entities generally cannot issue payment stablecoins in the U.S. without obtaining an appropriate federal or state license.
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
Bitcoin Magazine US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation The U.S. Department of the Treasury is moving fast with crypto regulation, with the government body asking for public comment on the landmark GENIUS Act.  In a Monday announcement, the Treasury said that it was welcoming input from stakeholders on a proposed rule that would provide clarity to industry regarding who needs a license to […] This post US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year.
US Treasury seeks feedback on new GENIUS Act stablecoin rules
The U.S. Treasury has proposed new rules defining when payment stablecoins are issued, offered, or sold in the United States as regulators prepare for key GENIUS Act restrictions beginning in January 2027. The U.S. Treasury Department said on Aug. 17…