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Blockchain Association Files Comments on Treasury’s

Blockchain Association Files Comments on Treasury’s

Photo: Coinfomania

Blockchain Association files comments on USTreasury's stablecoin rules, seeking clearer regulations. Here's why clarity matters for the industry. The aim is to clarify rules on who can issue payment stablecoins. The Blockchain Association has formally submitted comments to the USTreasury regarding its proposed rule implementing Section 3 of the GENIUS Act. This rule aims to outline who can issue, offer, and sell payment stablecoins in the U.S. The Association emphasizes the need for clearer regulations that align with Congressional intent, which could significantly impact the stablecoin landscape. For more details, read their full comment letter here .

Source: Coinfomania

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