Treasury Unveils GENIUS Act Rules for Stablecoin Regulation

The US Department of the Treasury has proposed rules implementing the 2025 GENIUS Act, which creates a regulatory framework for stablecoin cryptocurrency. The proposal, released on August 17, 2026, seeks public comment and would carry out 'prohibitions and limitations' on payment stablecoin issuance, offer, and sale in the US.

The Treasury's move is part of ongoing efforts to regulate the growing stablecoin market, which has raised concerns about financial stability and consumer protection. The proposal would affect companies that issue, offer, or sell payment stablecoins in the US.