Blockchain Association Urges Treasury to Clarify Proposed GENIUS Act Stablecoin Rules
Photo: Crypto Economy
TL;DR Blockchain Association supports Treasury’s proposed GENIUS Act framework but asks for narrower definitions covering digital asset service providers, issuers, secondary-market activity and unlawful participation. The group wants clearer exclusions for validators, self-custodial software, DeFi liquidity mechanisms and stable-value assets that fall outside the statutory payment-stablecoin definition. It also seeks rules for foreign issuers, geographic ... Read more
Source: Crypto Economy
