Just in: US Treasury Advances Genius Act, Bessent Flags Stablecoin Growth – Blockonomi

TLDR: Treasury has submitted a request to comment under the Genius Act to shape the Stablecoin Regulation in the United States. The law determines an extensive framework for Stablecoin expenditure, while it is in accordance with President Trump’s digital activist policy. Treasury is looking for input on AI, blockchain monitoring and identity verification for combating […]