Senators Urge Treasury Ensure State Authority in GENIUS Rules
➤ US senators are urging the Treasury to ensure state authorities retain regulatory power over certain stablecoin issuers under the GENIUS Act. ➤ The senators highlighted concerns that the Treasury's proposed implementation might create uncertainty and limit future state certifications. ➤ A flexible certification framework is requested to accommodate varying state legislative schedules and promote participation in stablecoin regulation.















