U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

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Cointelegraph - News 3 hours ago • cointelegraph.com

Senators urge Treasury ensure state authority in GENIUS application

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.”

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CoinDesk - All News 9 hours ago • coindesk.com

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.

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