{"id":48314,"date":"2025-08-19T11:30:07","date_gmt":"2025-08-19T08:30:07","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=48314"},"modified":"2025-08-19T10:22:33","modified_gmt":"2025-08-19T07:22:33","slug":"us-genius-stablecoin-act-public-feedback","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/us-genius-stablecoin-act-public-feedback\/","title":{"rendered":"US Treasury Calls for Public Input on GENIUS Stablecoin Act"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong>The US Treasury<\/strong> is seeking public input on the <strong>GENIUS<\/strong> <strong>stablecoin<\/strong> law to address illicit digital asset activities.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The US Treasury has opened a consultation period for the Guidance and Establishment of National Innovation for US Stablecoins (GENIUS) Act, signed into law by President Donald Trump in July. Citizens and organizations can submit comments until October 17, focusing on innovative methods to detect and prevent unlawful financial activities involving digital assets.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">According to the Treasury, feedback may include proposals on artificial intelligence, API integrations, digital identity verification, and blockchain monitoring. This input will help strengthen the law\u2019s implementation while increasing security and transparency in the stablecoin market. Collected feedback will later be submitted to the Senate Banking Committee and the House Financial Services Committee.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/us-genius-stablecoin-act-public-feedback\/#Implementation_timeline_of_the_GENIUS_Stablecoin_Act\" title=\"Implementation timeline of the GENIUS Stablecoin Act\u00a0\">Implementation timeline of the GENIUS Stablecoin Act\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/us-genius-stablecoin-act-public-feedback\/#Other_crypto-related_bills_in_Congress\" title=\"Other crypto-related bills in Congress\u00a0\">Other crypto-related bills in Congress\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Implementation_timeline_of_the_GENIUS_Stablecoin_Act\"><\/span><span data-contrast=\"auto\">Implementation timeline of the GENIUS Stablecoin Act<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">The law will take effect either 18 months after its approval on July 18 or within 120 days once regulations are finalized by the Treasury and the <strong>Federal Reserve<\/strong>. This timeline reduces the likelihood of the law becoming a key political topic in the 2026 midterm elections. At the same time, the implementation will raise compliance standards in the stablecoin ecosystem.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Treasury Secretary <a href=\"https:\/\/x.com\/SecScottBessent\/status\/1957489664870302091\"><strong>Scott Bessent<\/strong><\/a> highlighted the importance of the initiative on X, calling it \u201cnecessary to secure American leadership in digital assets.\u201d This statement underscores Washington\u2019s intention to tighten oversight in the crypto industry. Moreover, the emphasis on innovative solutions reflects the government\u2019s proactive stance on combating illicit use of cryptocurrencies.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_crypto-related_bills_in_Congress\"><\/span><span data-contrast=\"auto\">Other crypto-related bills in Congress<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">During the Republicans\u2019 \u201c<strong>crypto week<\/strong>\u201d in July, three major bills came under discussion: the GENIUS Act, the Digital Asset Market Clarity (CLARITY) Act, and the Anti-CBDC Surveillance State Act. Among them, only the <strong>GENIUS<\/strong> Act advanced to the implementation stage.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The CLARITY and Anti-CBDC bills were sent to the Senate and will be reviewed after the September recess. The Senate Banking Committee has already indicated plans to advance its own version of the <a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-hits-record-clarity-fed-cut-ahead\/\">CLARITY<\/a> Act by October. This momentum shows Congress is moving quickly on crypto regulation.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our<strong>\u00a0<a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>,\u00a0<\/strong>and\u00a0<strong><a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0<\/strong>channels for the latest\u00a0<strong><a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0<\/strong>and updates.<\/em><\/span><\/p>\n<div class=\"blog-share text-center\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Treasury is seeking public input on the GENIUS stablecoin law to address illicit digital asset activities.\u00a0 The US Treasury has opened a consultation period for the Guidance and Establishment of National Innovation for US Stablecoins (GENIUS) Act, signed into law by President Donald Trump in July. Citizens and organizations can submit comments until<\/p>\n","protected":false},"author":36,"featured_media":43039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,2],"tags":[20589,22520,17173,16531,22518,5432,22519,9358,13645],"class_list":["post-48314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-news","tag-anti-cbdc-bill","tag-blockchain-oversight","tag-clarity-act","tag-digital-asset-security","tag-genius-stablecoin-act","tag-stablecoin-regulation","tag-trump-crypto-law","tag-us-crypto-policy","tag-us-treasury-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Treasury Calls for Public Input on GENIUS Stablecoin Act - Coin Engineer<\/title>\n<meta name=\"description\" content=\"US Treasury seeks public input on the GENIUS stablecoin law by October 17, focusing on illicit finance risks and digital asset regulations\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/us-genius-stablecoin-act-public-feedback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Treasury Calls for Public Input on GENIUS Stablecoin Act - 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