Post by Augustine Chiagozie (@pabloexchange)

💵 US Regulators Miss GENIUS Act Stablecoin Deadline

US financial regulators have failed to meet the one-year deadline set by the GENIUS Act for finalizing stablecoin implementing rules. Instead of final regulations, agencies issued 10 proposed rules — meaning the framework governing stablecoin issuers in the US remains incomplete.

The GENIUS Act, signed to establish a federal regulatory structure for payment stablecoins, required agencies to finalize rules within a set timeframe. The release of proposals rather than final rules signals the process will extend further, leaving stablecoin issuers and the broader crypto industry without full regulatory clarity for now.

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