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U.S. Regulators Have 35 Days to Finalize Stablecoin Framework Under GENIUS Act

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Six federal agencies in the United States now have just 35 days to finalize new Stablecoin rules required by the $GENIUS Act. This law, officially called the Guiding and Establishing National Innovation for U.S. Stablecoins Act, was signed into effect as Public Law 119-27. It is the first major federal law in the U.S. to set clear rules for Stablecoin issuers.