Treasury Proposes GENIUS Act Rule Governing Offshore Stablecoins and U.S. Exchanges

Treasury Proposes GENIUS Act Rule Governing Offshore Stablecoins and U.S. Exchanges

The U.S. Treasury Department proposed rules on Monday to implement section 3 of the GENIUS Act, the provision that decides who may issue a payment stablecoin in the United States and when a crypto platform may offer one built by a foreign issuer. The proposal would add a new part 1523 to the department’s regulations and turns on two dates. From the law’s expected effective date of Jan. 18, 2027, issuing a payment stablecoin in the U.S. is unlawf…

Treasury Department Opens Public Comment Period on GENIUS Act Stablecoin Licensing Rules

Key Takeaways Treasury Department has released a Notice of Proposed Rulemaking for GENIUS Act stablecoin regulations Implementation date for the GENIUS Act is scheduled for January 18, 2027 Payment stablecoin issuers will be required to obtain federal or state licensing to operate in the United States Multiple regulatory agencies including the OCC, FDIC, and Federal Reserve have released proposed frameworks but failed to meet the July finalizat…

GENIUS Act Rules: Treasury Opens Public Comment Period

GENIUS Act rules moved closer to taking effect as Treasury issued a Notice of Proposed Rulemaking on August 17, 2026 on stablecoin issuer licensing. A 60-day public comment period is now open ahead of the January 2027 deadline.

Treasury’s New Stablecoin Rules Could Boost These 6 Altcoins

The U.S. Department of the Treasury published on August 17, 2026, a Notice of Proposed Rulemaking (NPRM) to implement Section 3 of the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). This proposal, which opens a 60-day public comment period, establishes the framework for determining which issuers require a GENIUS license and under what conditions stablecoins may be offered or sold in the U.S. market. The relevance…

Treasury Opens GENIUS Act Stablecoin Rule For Comment

The U.S. stablecoin framework is moving from legislation into the details that will determine who needs a license and which foreign-issued tokens can reach American users. The Treasury Department said on August 17 that it has issued a notice of proposed rulemaking to implement Section 3 of the GENIUS Act and opened the proposal to public comment. The proposal is separate from the market-structure debate surrounding the stalled CLARITY Act. Its f…

Treasury Proposes Rules Defining Who Can Legally Sell Stablecoins in US

Exchanges and other crypto platforms would face new restrictions on selling stablecoins to US customers beginning in 2027.