
regulation·4d ago
Treasury GENIUS Act proposal would require US exchanges to vet foreign stablecoins
US exchanges must audit foreign stablecoin issuers or delist their tokens under a new Treasury proposal.
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US exchanges must audit foreign stablecoin issuers or delist their tokens under a new Treasury proposal.

Missed deadlines under the GENIUS Act threaten USDT's U.S. platform access by July 2028.
The GENIUS Act, signed into law July 18, 2025, creates the first federal regulatory framework for payment stablecoins in the United States.

Joint comment urges FinCEN and OFAC to refine AML and sanctions rules for stablecoin issuers.