Circle Engages Policymakers With Comment Letter on GENIUS Act Implementation

Circle Engages Policymakers With Comment Letter on GENIUS Act Implementation

By Crypto Economy
TL;DR: Circle urges Treasury to create a uniform, transparent framework for U.S. dollar payment stablecoins. Recommendations include strong fund safeguards, interoperability, and equal rules for domestic and foreign issuers. GENIUS implementation can enhance safety, transparency, and U.S. competitiveness in digital payments. Circle has submitted a formal comment letter to the U.S.

Article Details

Market Sentiment
Positive
Category
general
Reading Time
1 min
Article Type
Article

Additional Information

Read the Full Article

Continue reading this article on Crypto Economy

Read Full Article

Source: Crypto Economy

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights

Circle Engages Policymakers With Comment Letter on G... | Global Boost Media