Blockchain Association files comments on GENIUS Act stablecoin customer ID rules
The Blockchain Association filed comments on proposed customer identification rules for stablecoin issuers under the GENIUS Act, supporting the core framework but urging regulators to limit customer ID requirements to direct issuer-customer transactions in the primary market and to clarify definitions.
Detected & updated continuously · Source: Nebula
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@BSCNews
GENIUS Act Rules Face Call For Clearer Stablecoin Boundaries The Blockchain Association has submitted comments on proposed customer identification requirements under the GENIUS Act. It wants regulators to focus those requirements on primary market issuer customer relationships. https://t.co/8YtlHaMh5M
@BitcoinWorldN
🇺🇸 NEW: The Blockchain Association has filed comments on proposed customer identification rules for stablecoin issuers under the GENIUS Act. The group supports the core approach but is calling for key clarifications to ensure the rules are practical and workable for the https://t.co/AI2DtpG9qH
@Cointelegraph
🇺🇸 NEW: The Blockchain Association filed comments on proposed customer ID rules for stablecoin issuers under the GENIUS Act. It backs the core approach but wants key clarifications. https://t.co/Ft1vk1ACxB
@TheBlockCo
THE BLOCK: The Blockchain Association has filed a letter to support federal agencies' proposed rules for stablecoin issuers under the GENIUS Act. It backs limiting customer ID requirements to direct issuer-customer transactions in the primary market, while calling for clearer https://t.co/sP1ejXGTrI
@CryptoMeterIO
🇺🇸 UPDATE: Blockchain Association backed proposed stablecoin customer ID rules under the GENIUS Act but urged regulators to define “customers” as direct purchasers only, citing compliance burdens for issuers.
@CryptoTimes_io
JUST IN: The Blockchain Association has filed comments on proposed customer ID rules for stablecoin issuers under the GENIUS Act. The group supports the core framework but is calling for key clarifications before the rules move forward. https://t.co/Ghx59lx6bi
@TFTC21
The @BlockchainAssn is arguing that customer identification rules for stablecoin issuers under the GENIUS Act should only apply to primary market activity, not secondary market. Their position is that if stablecoins are sent peer-to-peer after issuance, the issuer has no https://t.co/J7x3BDWtgZ
@iiam_Akshay
🇺🇸 NEW: THE BLOCKCHAIN ASSOCIATION HAS FILED COMMENTS ON PROPOSED CUSTOMER ID RULES FOR STABLECOIN ISSUERS UNDER THE GENIUS ACT. THE GROUP SUPPORTS THE CORE APPROACH BUT IS CALLING FOR KEY CLARIFICATIONS TO PROVIDE GREATER REGULATORY CERTAINTY. A MAJOR STEP IN SHAPING THE