U.S. Regulators Have 35 Days to Finalize Stablecoin Framework Under GENIUS Act

Six federal agencies in the United States now have just 35 days to finalize new Stablecoin rules required by the $GENIUS Act. This law, officially called the Guiding and Establishing National Innovation for U.S. Stablecoins Act, was signed into effect as Public Law 119-27. It is the first major federal law in the U.S. to set clear rules for Stablecoin issuers.