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U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
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theblock.co
Bipartisan senators push Treasury to uphold states' authorities under the GENIUS Act
A group of bipartisan senators pressed the Treasury Department to preserve states' ability to regulate stablecoins.
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coindesk.com
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
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cointelegraph.com
Senators Urge Treasury Ensure State Authority in GENIUS Rules
US senators have told the Treasury to ensure its implementation of the GENIUS Act doesn’t leave behind the states, which will be tasked with regulating some stablecoin issuers.