Wire · regulatory
Blockchain Association Asks Treasury to Narrow GENIUS Act Rule on Who Can Sell Stablecoins
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Fusion42 · 21 October 2026 · Fusion42 review
The Blockchain Association urged the U.S. Treasury to narrow the GENIUS Act rule defining who can offer and sell stablecoins, arguing for a requirement of actual knowledge before linking firms to unlawful issuances and excluding traders, validators, and DeFi infrastructure from the rule's scope.
This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 4 sources have reported it.
◆ ◆ The Wire takeaway
You must prepare for tighter stablecoin rules linked to actual knowledge of wrongdoing, not just belief, but you can exclude secondary traders and Defi infrastructure from compliance now. This clears the path to focus on core issuance roles and avoid costly overreach.
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4 sources · 20 Oct 2026
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