The U.S. Department of the Treasury is asking for public comment on the upcoming implementation of new stablecoin rules. The GENIUS Act, signed by US President Donald Trump last year, establishes a regulatory framework for stablecoins, crypto assets pegged to the US dollar. The legislation requires each token to be fully backed by liquid assets […]
The Daily Hodl•Conor Devitt17 Aug
Treasury's new GENIUS Act proposal would put a due-diligence duty on exchanges that list stablecoins.
Under the law, entities generally cannot issue payment stablecoins in the U.S. without obtaining an appropriate federal or state license.
The Block•Jason Shubnell17 AugUnder the law, entities generally cannot issue payment stablecoins in the U.S. without obtaining an appropriate federal or state license.
The Block•Jason Shubnell17 Aug
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 .
The stablecoin bill signed into law last year is scheduled to go into effect in January 2027, potentially without finalized regulations from US government agencies.
Cointelegraph•Cointelegraph by Turner Wright17 Aug
The GENIUS Act's impact on the dollar and gold highlights the interconnectedness of currency policies and global commodity markets.
CryptoBriefing•Estefano Gomez17 Aug
US Treasury's Scott Bessent fast-tracks stablecoin rules under the GENIUS Act to keep America the crypto capital of the world.
U.Today•Gamza Khanzadaev17 Aug
US Treasury proposed GENIUS Act rules defining when stablecoins are issued or sold in the US and setting standards for foreign issuers.
CryptoBriefing•Estefano Gomez17 Aug
The U.S. Department of the Treasury has published a Notice of Proposed Rulemaking (NPRM) to clarify issues still unclear in the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, including the scope of the regulation, the extraterritorial character of its provisions, and other relevant elements before its implementation date. U.S. Department of the […]
Bitcoin.com News•Sergio Goschenko17 Aug
CoinDesk•Jesse Hamilton17 Aug
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…
The GENIUS Act's regulatory clarity may boost U.S. crypto innovation and institutional adoption, impacting global digital asset markets.
CryptoBriefing•Estefano Gomez17 Aug
The Big Four firm issued an unqualified opinion on 2025 accounts for Tether's El Salvador issuing entity. The work was done to AICPA standards rather than the PCAOB standards the GENIUS Act sets for licensed U.S. issuers, and Tether has released neither the statements nor the opinion letter.
The Defiant•The Defiant Team13 Aug
Six banking trade groups are still pressing senators to tighten the bill's prohibition on interest-like rewards for holding stablecoins, a payment Jennings says will continue under GENIUS if CLARITY dies.
The Defiant•The Defiant Team6 Aug
The two countries have been ramping up their efforts related to the regulation of stablecoins because both countries are in the process of refining their regulations concerning digital assets. A delegation from HM Treasury and US Treasury met in London on July 8 for the 13th session of the Financial
TheNewsCrypto•Lakshya Baskar5 Aug
US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. US, UK regulators discuss stablecoin policy Senior officials from HM Treasury and the US Treasury met in London…
In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.
Cointelegraph•Cointelegraph by Sam Bourgi4 Aug
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
Cointelegraph•Cointelegraph by Sam Bourgi3 Aug
USAT can be used to pay for gas on the blockchain, meaning users will not have to hold multiple tokens to make USAT transactions.
The Block•Daniel Kuhn29 Jul