US Treasury Opens Public Review of GENIUS Act Stablecoin Rules
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The U.S. Treasury published proposed rules Monday and opened a 60-day public comment period to implement the GENIUS Act’s payment stablecoin provisions, clarifying how companies can issue, offer and sell payment stablecoins in the United States. The move establishes clearer federal oversight and legal certainty for crypto issuers, exchanges and DeFi firms, which could boost adoption of stablecoins and support market growth by reducing regulatory risk.
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The U.S. Treasury has opened a public comment period on rules implementing the GENIUS Act’s stablecoin provisions. The proposal seeks to clarify how companies can issue, offer, and sell payment stablecoins in the United States. The move marks another step toward establishing clearer federal oversight for the rapidly expanding stablecoin market.
The Treasury published its proposed rules Monday and invited industry participants to submit feedback. Stakeholders will have 60 days to respond after publication in the Federal Register.
Read The Full Article US Treasury Opens Public Review of GENIUS Act Stablecoin Rules On Coin Edition.
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