"TREASURY STARTS IMPLEMENTING THE GENIUS ACT 🔥
The U.S. Treasury just released an 87-page proposed rule, opening a 60-day comment period to shape stablecoin regulation.
This isn’t final yet, but it’s the first real step toward enforcement.
From legislation to execution, the U.S. is now actively building the framework for crypto."
"The GENIUS Act, enacted on July 18, 2025, provides a comprehensive framework for the regulation of payment stablecoins.1 As defined in the GENIUS Act, a payment stablecoin is a digital asset2 (i) that is, or is designed to be, used as a means of payment or settlement and (ii) the issuer of which is obligated to convert, redeem, or repurchase for a fixed amount of monetary value and represents or creates the reasonable expectation that it will maintain a stable value relative to a fixed amount of monetary value.3"
https://home.treasury.gov/system/files/136/NPRM-GENIUS4c-Principles.pdf