DeFi Intel

GENIUS Act Gets Criminal Teeth: Treasury Defines Who Can Sell Stablecoins; Tether Needs $47B Fix

The Treasury has issued definitions under the GENIUS Act specifying who is allowed to sell stablecoins, with the report describing the law as gaining 'criminal teeth' via new criminal enforcement provisions. The article's headline also states that Tether needs a $47 billion fix. No further article body was available in the fetched content beyond the title.

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