United States of America: House of Representatives adopted Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act)
Description
House of Representatives adopted Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act)
On 16 July 2025, the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act/SB 1582) was adopted by the House of Representatives. The Act applies to issuers of payment stablecoins offered to persons in the United States, inc…
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