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GENIUS Act stablecoin rule: Treasury targets Tether as deadline slips

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The U.S. Treasury Department has put forward a detailed proposal to define who counts as a stablecoin issuer under the new federal law, pushing forward on the GENIUS Act stablecoin rule even as key deadlines slip past the calendar. The move…

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GENIUS Act stablecoin rule: Treasury targets Tether as deadline slips
Cryptonomist 3h ago

GENIUS Act stablecoin rule: Treasury targets Tether as deadline slips

The U.S. Treasury Department has put forward a detailed proposal to define who counts as a stablecoin issuer under the new federal law, pushing forward on the GENIUS Act stablecoin rule even as key deadlines slip past the calendar. The move…