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U.S. Treasury Department proposes GENIUS Act stablecoin rule

U.S. Treasury Department proposes GENIUS Act stablecoin ruleWorldPing

The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

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Bessent Seeks Industry Feedback to Shape New GENIUS Rules

The U.S. Department of the Treasury has published a Notice of Proposed Rulemaking (NPRM) to clarify issues still unclear in the Guiding and Establishing National Innovation for U.S.

Brief by WorldPing · Original reporting by Bitcoin.com