The United States Treasury Department has opened a request for public comment on the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The GENIUS Act, signed into US law in July, was designed to provide a regulatory framework for stablecoin issuers.

This latest call for public input comes exactly a month after the Request for Comment on Innovative Methods to Detect Illicit Activity linked to payment stablecoins. At the time, the US Treasury was interested in gathering feedback on different technologies to identify and combat the risks associated with these dollar-backed digital assets.

Call For Public Comment On Stablecoin Act To Close In 30 Days

On Thursday, September 18, the US Department of the Treasury issued an Advance Notice of

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