🚨 BREAKING: Major Development in U.S. Crypto Regulation 🇺🇸
The U.S. Treasury Department has opened a public comment period on the GENIUS Act, legislation aimed at strengthening oversight of digital assets.
Key focus: enhancing detection and prevention of illicit activities involving cryptocurrencies.
The public has until October 17 to submit feedback.
This move stems from the implementation of Trump-era legislation, signaling a renewed regulatory push.
⏰ The countdown for crypto regulation has officially begun.