
Policy
Six Federal Agencies Have Until 18 July to Finalise the GENIUS Act Stablecoin Rules — Small Issuers Face a Cost Structure That May Kill Them
The 18 July statutory deadline for GENIUS Act final rules pushes six federal agencies to publish frameworks that would impose bank-quality compliance stacks on stablecoin issuers — a cost structure the mid-market cannot carry and has been slow to prepare for.
·Ray Crawford
