U.S. Treasury proposes GENIUS Act stablecoin rules with 60-day comment period

The U.S. Treasury proposed rules under the GENIUS Act governing which companies can issue and sell payment stablecoins in the United States, opening a 60-day public comment period as implementation moves toward the law's expected January 18, 2027 effective date. Treasury Secretary Scott Bessent said the Treasury is moving quickly to implement the framework.

Detected & updated continuously · Source: Nebula

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