U.S. Treasury Opens Public Comment Period for GENIUS Act Implementation - Your Chance to Shape Crypto Policy
Regulators finally ask for input before dropping the hammer—what a novel concept.
Policy Shakeup Incoming
The Treasury Department just cracked open the door for public commentary on the GENIUS Act implementation. Market participants get a rare opportunity to voice concerns about upcoming regulatory frameworks that could make or break digital asset innovation.
Wall Street's watching this play out with popcorn-ready anticipation—nothing like watching bureaucrats try to regulate technology they barely understand while traditional finance keeps playing by different rules.
Stakeholders have limited time to submit comments that could influence how these regulations take shape. The crypto industry's response will determine whether we get forward-thinking policy or another compliance nightmare crafted by people who still think fax machines are cutting-edge.
U.S. Department of the Treasury issued an Advance Notice of Proposed Rulemaking (ANPRM), seeking public comment related to Treasury’s implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
The GENIUS Act tasks Treasury with issuing regulations that encourage innovation in payment stablecoins while also providing an appropriately tailored regime to protect consumers, mitigate potential illicit finance risks, and address financial stability risks. Today’s ANPRM invites the public to offer comments, including providing data and other information, that may be useful for Treasury to consider. While the ANPRM does not implement new requirements under the GENIUS Act, it offers the public an opportunity to contribute to the implementation of this law. Treasury welcomes comments and views from a wide range of stakeholders on the ANPRM.
This ANPRM builds upon the Request for Comment on Innovative Methods to Detect Illicit Activity Involving Digital Assets issued by Treasury on August 18, 2025, which remains open for comment until October 17, 2025.
Members of the public should submit comments in response to the ANPRM within 30 days of publication in the Federal Register. Comments responding to this notice will be publicly viewable at www.regulations.gov.
Source: U.S. Department of the Treasury
