DEPARTMENT OF THE TREASURY ISSUES PROPOSED RULE: GENIUS ACT IMPLEMENTATION

WASHINGTON, Oct. 1 -- Department Of The Treasury has issued a proposed rule called: GENIUS Act Implementation.

The proposed rule was published in the Federal Register on Oct. 1 by Rachel Miller, Executive Secretary, U.S. Department of the Treasury.

Summary: The Department of the Treasury (Treasury) is extending by 15 days the comment period on its advance notice of proposed rulemaking (ANPRM) soliciting public comment on questions relating to the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The comment period will now close on November 4, 2025.

For more information, contact Shane Shannon, Counselor to the General Counsel; Christina Lee, Senior Counsel; Degi Altantuya, Frank Collelu...