@paulatalkscrypto: While everyone is watching the SEC, the US Treasury is building another part of the crypto rulebook. Treasury has proposed rules to implement the GENIUS Act — including requirements around who can issue payment stablecoins in the US and how foreign-issued stablecoins could access US customers. Congress passing legislation is only step one. Now we’re seeing regulators build the rules underneath it. This is where US crypto regulation starts moving from legislation to actual financial infrastructure. Educational content only, not financial advice. Cryptoassets are high risk. #Crypto #Stablecoins #GENIUSAct #CryptoRegulation #digitalassets
Laws are usc#’s. Without a United States Code # , a judge cannot rule on a subject. Rules, regulations and guidelines are not binding in court without law.