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