U.S. Treasury Advances Implementation of GENIUS Act, Expected Effective Date January 18, 2027

U.S. Treasury Secretary Scott Bessenet stated that the Treasury is rapidly advancing the implementation of the GENIUS Act. The expected effective date of the act is January 18, 2027, and the Treasury has begun arrangements for its rollout. The GENIUS Act is an important federal legislation in the U.S. aimed at payment stablecoins, designed to clarify issuance, reserve, and regulatory requirements, providing a unified framework for compliant U.S. dollar stablecoins. Bessenet's remarks indicate that the Treasury is accelerating the preparation of supporting rules and execution to ensure the act is operational before its effective date.

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