U.S. Treasury Seeks Public Input on GENIUS Stablecoin Bill

The U.S. Treasury has opened a public consultation on the GENIUS Act, legislation designed to regulate stablecoins and bolster America's role in global digital finance. Stakeholders—including citizens, businesses, and industry professionals—are invited to weigh in on key aspects such as AI integration, blockchain surveillance, and digital identity verification.

Responses will inform the Treasury's assessment of the technological benefits, costs, and risks associated with these systems. The deadline for submissions is October 17, 2025, with all comments to be published on regulations.gov.

Signed into law in July 2025, the GENIUS Act establishes a regulatory framework for U.S. stablecoin issuers. It expands on Executive Order 14178, which previously paved the way for cryptocurrency inclusion in 401(k) retirement plans. Treasury Secretary Scott Bessent hailed the legislation as a "win-win-win" for users, issuers, and regulators alike.