#USStablecoinBill
The GENIUS Act, introduced in February 2025, aims to establish a federal regulatory framework for stablecoins in the U.S. It mandates that issuers maintain 1:1 reserves, undergo monthly certifications, and adhere to strict anti-money laundering standards. The bill allows state-regulated issuers to operate under federal oversight if their regulations align closely with federal standards. However, recent bipartisan support is wavering due to concerns over insufficient safeguards against fraud and potential conflicts of interest involving Trump-affiliated firms .
Axios
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Law and Policy Navigator
+8
Sullivan & Cromwell
+8
Politico
+3
Axios
+3
Politico
+3
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#StablecoinRegulation #GENIUSAct #CryptoLegislation #USFinance #DigitalAssets #CryptoPolicy