Treasury opens comment period to shape GENIUS Act into stablecoin regulation
The U.S. Treasury Department launched a formal process to transform the newly enacted GENIUS Act into a framework of regulations for stablecoins, inviting the public and crypto industry to weigh in...
Source: CryptoSlate
The U.S. Treasury Department launched a formal process to transform the newly enacted GENIUS Act into a framework of regulations for stablecoins, inviting the public and crypto industry to weigh in on key compliance issues. The department opened an advance notice of proposed rulemaking on Sept. 18, the first step in gathering feedback before drafting […]