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breaking: US TREASURY seeks public input on stablecoins before law crackdown! 🚨💰 don’t miss the deadline on Oct 17
lmao 🤡 the govt wants our opinions on stablecoins like we know what we’re talking about, like i’m just here for
treasury wants your thoughts on stablecoins by oct 17: they’re eyeing interest payments, public input guides the law, BPI pushes Congress
Main points to remember:
– US Treasury’s Public Comments on Stablecoin activity closes Oct 17.
– Treasury aims to halt interest on payment floors.
– Public comments will influence provisions in the stablecoin law.
– Scott Bessent emphasizes law importance for digital asset leadership.
– Stablecoin issuers to hold American cash reserves.
Regulators may issue rules post-comment period; BPI urges Congress to address interest payment gaps for Stablecoins to prevent financial risks.
https://altcoin.observer/genius-act-us-treasury-is-looking-for-the-publics-contribution-on-the-monitoring-tools-for-stablescoin/
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