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Treasury Unveils Stablecoin Rules | Bitcoin and Crypto News
Description
Treasury just unveiled its big stablecoin rule proposal under the GENIUS Act, aiming to bring federal oversight to digital dollars — even though the one-year deadline has passed. Working with other agencies, they’re racing to define issuer responsibilities and ensure U.S. crypto leadership while keeping the dollar strong globally. Public comments are open for 60 days, with a final rule expected months later — likely missing the January 18th effective date. Meanwhile, a separate congressional bill could reshape parts of the law, especially around user rewards, but faces major hurdles.
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