RIADeFiPublished by Ketju Research
Regulation · Proposal · not in effect

Treasury proposes principles for certifying state stablecoin regimes

Regulation · · Ketju Research

U.S. Department of the Treasury

This entry records a proposal. It does not change the law unless it is adopted.

What changed

Treasury proposed broad principles for deciding when a state payment-stablecoin regulatory regime is substantially similar to the federal GENIUS Act framework.

Who it affects

  • State-chartered stablecoin issuers, state regulators, custodians, investment advisers, and clients

What is still open

  • Final certification standards, application process, and treatment of existing state regimes

What it means for an advisor

  • Compare state issuer oversight, reserves, redemption, governance, examination, enforcement, and transition provisions with the proposed federal similarity criteria.

Sources

  1. Treasury proposes principles for certifying state stablecoin regimes · U.S. Department of the Treasury ·

Version 1, published . Educational analysis, not legal advice.