United States of America: Guiding and establishing national innovation for U.S. stablecoins (GENIUS Act) (Bill No. S.394)
Progress
Current status
under deliberation
04 Feb 2025 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Guiding and establishing national innovation for U.S. stablecoins (GENIUS Act) was introduced to Senate
On 4 February 2025, the Guiding and establishing national innovation for U.S. stablecoins (GENIUS) Act was introduced to the Senate. The Act aims to create a federal regulatory framework for dollar-denominated payment stablecoins. The Act defines st…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament