US Treasury Seeks Public Input on Genius Act Implementation for Stablecoin Regulations

The U.S. Treasury Department has initiated a second round of public commentary on the implementation of the Genius Act, legislation designed to establish a comprehensive regulatory framework for payment stablecoins. Enacted into law by former President Donald Trump in July, the Act now awaits final regulatory details before it can be fully operationalized. This phase of stakeholder engagement underscores the government’s commitment to crafting balanced and effective rules that address both innovation and risk management within the digital asset ecosystem. Industry participants, financial institutions, and legal experts are encouraged to submit feedback to ensure the regulations foster security, transparency, and interoperability. The move signals ongoing efforts to integrate stablecoins into the mainstream financial system while safeguarding consumer interests and maintaining monetary stability. As global interest in digital currencies accelerates, the U.S. aims to position itself as a leader in establishing clear and forward-thinking regulatory standards.