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EconomyTreasury proposal would make U.S. exchanges audit foreign stablecoins or risk delisting

The Treasury’s proposed GENIUS Act rules would let U.S. exchanges and other digital-asset providers offer some foreign-issued payment stablecoins only after reasonable due diligence and a defensible basis for trusting issuers to follow lawful U.S. freeze or seizure orders. The proposal sets implementation milestones in 2027 and 2028 but does not name tokens that qualify. Comments close October 19, 2026.

StablecoinsGENIUS ActU.S. TreasuryCrypto regulation

CCryptoSlate★★★☆☆2026-08-30 13:35Original

Treasury proposal would make U.S. exchanges audit foreign stablecoins or risk delisting
Treasury proposal would make U.S. exchanges audit foreign stablecoins or risk delistingEconomy