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Treasury opens comment period to shape GENIUS Act into stablecoin regulation – TON BOT

Treasury opens comment period to shape GENIUS Act into stablecoin regulation

The U.S. Treasury Department is seeking public feedback on regulations for stablecoins under the GENIUS Act. The process, which began on Sept. 18, aims to address compliance issues such as reserve custody and oversight. The law directs agencies to set standards for issuers, clarify tax treatment, and enforce anti-money laundering measures.


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