United States of America: Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) was passed by Senate
Description
Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) was passed by Senate
On 17 June 2025, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) (Bill No. S.1582) was passed by the Senate. The Act applies to issuers of payment stablecoins offered to persons in the United States, including …
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2025-05-01
under deliberation
2025-06-17
under deliberation
2025-07-16
adopted