STABLECOIN and the Implementation of The GENIUS Act

Guardrails for Modernizing Dollar Settlement Without Recreating Shadow BankingA Survey of Federal Regulatory Comments from the Center for Regulatory FreedomThe Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) represents a decisive congressional effort to modernize dollar-denominated payment settlement while preventing the emergence of shadow banking structures outside the traditional prudential framework. As the U.S. Department of the Treasury undertakes impleme Read Full Article »