The feedback could guide how the stablecoin legislation evolves The US Treasury Department has formally invited the public to provide feedback on the newly enacted Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Signed into law by President Donald Trump in July, the legislation sets the foundation for regulating payment stablecoins across the
The bill’s advancement suggests growing momentum for federal regulation of stablecoins The US Senate has voted to advance the Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, by a 68-30 margin. The decision moves the bill closer to a full floor debate and vote, potentially setting the stage for
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