CryptoCointelegraphabout 3 hours ago
Senators urge Treasury ensure state authority in GENIUS application
1 min read
Senators urge Treasury to allow state regulation of stablecoins under $10 billion in market value through a flexible certification process. The GENIUS Act permits states with similar laws to regulate issuers of stablecoins below $10 billion; Tether USDT, USDC and USDS remain federally regulated.
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