US Treasury’s first GENIUS rule now redraws who controls stablecoins at scale
Treasury’s first proposed GENIUS rule landed on April 1 as a discover of proposed rulemaking. The textual content inside it builds the operational structure for US stablecoin governance, addressing which establishments could subject cost stablecoins, below what circumstances, and at what scale earlier than federal oversight turns into necessary. Why this issues: This shifts stablecoins…
