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U.S. Treasury Launches 60-Day Public Comment Period for GENIUS Act Stablecoin Regulations
The Treasury Department has initiated a federal public comment period for proposed stablecoin regulatory standards. This 60-day consultation process establishes how federal and state regulators will coordinate oversight responsibilities for digital dollar issuers. The announcement represents a significant milestone as authorities begin formal implementation of the GENIUS Act framework. The Treasury’s proposal creates pathways for smaller issuers to operate under state regulatory authority. Issuers maintaining less than $10 billion in circulating tokens may pursue state licensure when local frameworks demonstrate ... (full story)