GENIUS Act moves to the president’s desk
The House has passed the bipartisan GENIUS Act – a landmark stablecoin bill – by a 308-122 vote. With Senate approval already secured, the bill now heads to the president’s desk for signature. Our client update breaks down the key provisions of the GENIUS Act and includes charts summarizing the extensive rulemakings and reports the Act mandates. A companion update highlights the AML/CFT and sanctions compliance requirements.
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