Wire · regulatory
Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
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Fusion42 · 25 August 2026 · Fusion42 review
The US Treasury Department has proposed licensing rules for payment stablecoin issuers under the GENIUS Act requiring federal or state licenses by January 18, 2027, and restricting service providers from offering unlicensed stablecoins to US persons after July 18, 2028.
This Wire brief sits within Fusion42's coverage of Fintech, and 6 sources have reported it between 17 Aug 2026 and 24 Aug 2026.
◆ ◆ The Wire takeaway
You must choose your licensing path now because the US Treasury's proposed rules will bar exchanges and wallets from unlicensed stablecoins by 2028. That deadline will reshape your access to the US market and push smaller issuers out.
◆ Coverage
6 sources · first reported 17 Aug 2026 · latest 24 Aug 2026
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