US Treasury seeks public input on GENIUS Act stablecoin rules - Qazinform

The U.S. Treasury has proposed rules to implement the GENIUS Act, seeking public comment on licensing requirements for payment stablecoin issuers and when digital asset service providers may offer or sell such stablecoins. Treasury Secretary Scott Bessent said the rules would provide regulatory certainty and support innovation. Comments are due within 60 days of Federal Register publication.