🇺🇸 Stablecoin Regulations Move Forward
The U.S. Treasury has kicked off the development of stablecoin regulations under the GENIUS Act, releasing a draft proposal and inviting feedback from the market.
Treasury Secretary Scott Bessent confirmed the framework will roll out swiftly. Key provisions of the act are set to take effect on January 18, 2027, aiming to provide clear regulatory guidelines, boost the U.S. crypto sector, and reinforce the dollar’s position as the world’s primary reserve currency.
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2August 18, 2026 14.6K 1