U.S. Treasury Explores Regulations and Innovation in Digital Finance

TL;DR Summary
The U.S. Department of the Treasury has issued a request for public comments on the implementation of the GENIUS Act, which aims to establish a comprehensive regulatory framework for stablecoin issuers and promote U.S. leadership in digital assets, focusing on innovative tools for detecting illicit activity involving digital assets.
- Treasury Issues Request for Comment Related to the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act U.S. Department of the Treasury (.gov)
- US Treasury weighs digital ID verification in DeFi to tackle illicit finance Cointelegraph
- Treasury requests comment on GENIUS Act Accounting Today
- U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity CoinDesk
- What is the U.S. Treasury's Role in Crypto Regulation? OneSafe
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