U.S. Treasury Seeks Public Input on Crypto Oversight Under GENIUS Act

The U.S. Treasury Department has initiated a 60-day public comment period under the GENIUS Act, focusing on combating illicit cryptocurrency activity. The move signals heightened regulatory scrutiny as stablecoins gain mainstream traction.

Signed into law in July 2025, the GENIUS Act establishes reserve requirements and audit mandates for stablecoin issuers. Treasury officials are particularly interested in technological solutions—including AI, APIs, and digital identity tools—to enhance compliance monitoring across blockchain networks.

This consultation aligns with the Trump administration's broader digital asset strategy outlined in the 2025 executive order. Market participants anticipate the feedback could shape future enforcement approaches for both stablecoins and broader crypto markets.