The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year.
- The first major proposal to implement the GENIUS Act has emerged from the Treasury Department, marking a significant milestone in the process to put U.S. stablecoin regulations in place.
- The administration — including banking and markets regulators — are well past the one-year deadline set out in the law, which expired last month, but the regulators are making steady progress to implement the rules for operating U.S. stablecoin issuers.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Bank group sues U.S. regulator over granting crypto trust charters
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