U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

Jun 16, 2026 - 22:00
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
State regulators got sidelined in the U.S. Department of the Treasury’s effort to implement the new U.S. stablecoin law, according to several senators from both parties who insist that the states need to be given an explicit process for proving their supervision and standards are on par with federal regulators’. The Guiding and Establishing National...

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