Treasury Dey Look for Comments on GENIUS Act Stablecoin Regulation

U.S. Treasury don release one Advance Notice wey talk about Proposed Rulemaking under the GENIUS Act to help guide stablecoin regulation. Under GENIUS Act, Treasury wan promote innovation but at the same time wan reduce wahala wey dey come from illegal finance and risk wey fit affect consumers. Dem dey ask people to drop their comments for 30 days about plenty important tin dem, like how to manage reserve assets, marketing restrictions, and how e go align with Bank Secrecy Act and anti-money laundering rules. The thing also go balance power between federal and state watching plus compare how other countries dey run their stablecoin. Dis one follow one earlier consultation about technology to catch illegal activity for payment stablecoins. Meanwhile, Senate dey plan to vote on Responsible Financial Innovation Act 2025 by September to clear agency roles and tackle how crypto market be. These steps na big progress for U.S. digital asset monitoring and e go help traders sabi regulatory risks and opportunities inside stablecoin regulation.