TechFlow, September 19 — According to CoinDesk, the U.S. Department of the Treasury has officially launched the rulemaking process for the GENIUS stablecoin bill. The Treasury has opened a one-month public comment period (ending October 20), covering aspects such as issuer restrictions, sanctions compliance, and anti-money laundering. As the first major cryptocurrency legislation in the United States, this bill will establish a comprehensive regulatory framework for the stablecoin industry.
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