World · Regulation · United States ·
US Treasury proposes stablecoin rules under GENIUS Act
The US Treasury Department published proposed rules to implement the GENIUS Act, a stablecoin law Congress passed last year. The rules establish core definitions and jurisdictions; final regulations are not due until January 2027.
Why it matters for the crypto market
This is the first federal regulatory step toward a comprehensive stablecoin framework and clarifies how the government will define and oversee stablecoin issuers in the United States.
Source: coindesk.com
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