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US Treasury will publish a major proposed rulemaking implementing the GENIUS Act on Monday morning, Punchbowl reports, citing sources

StockNow breaking-news AI analysis

The US Treasury's Aug 17 rulemaking implements the GENIUS Act, mandating federal licensing for stablecoin issuers and strict reserve standards, aiming for full market compliance by January 2027.

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Will cover licensing requirements for individual stablecoin issuers. The proposed rule will also outline when payment stablecoins can be offered or sold in the US.

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