Open for Comment: GENIUS Act Broad-Based Principles for Determining Whether a State-Level Regulatory Regime Is Substantially Similar to the Federal Regulatory Framework
Treasury Department — The Department of the Treasury (Treasury) proposes to implement section 4(c) of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act by establishing broad- based principles for determining when a State-level regulatory regime is substantially similar to the Federal regulatory framework. (58 days remaining)