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GENIUS Act

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    Federal Reserve Opens Comment Period on GENIUS Act Stablecoin Rules●Federal Reserve Seeks Comment on GENIUS Act Stablecoin Rules✉newsBusinessBanking5 h ago

    The Federal Reserve is seeking public comment on proposed rules implementing the GENIUS Act, the US framework for payment stablecoins. The request opens a consultation process that will shape how banks and issuers regulate stablecoin activities, drawing attention from the crypto industry and traditional banking sector alike.