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TREASRulemakingTREAS-DO-2025-0037

GENIUS Act Implementation

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Nov 26, 2025
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closed 266d ago
American Bankers Association filings
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American Bankers Association filed 2 comments on this docket between Sep 25, 2025 and Nov 19, 2025. 55 other organizations filed here. The comment window closed 266d ago.

What American Bankers Association filed (2)

Nov 19, 2025· Comment from American Bankers Association + State Bankers Associations· TREAS-DO-2025-0037-0260

Filed on regulations.gov — full text not in the inline record.

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Sep 25, 2025· Comment from American Bankers Association· TREAS-DO-2025-0037-0012

Please see attached letter. We appreciate Treasury's leadership in advancing regulatory clarity for payment stablecoins and its commitment to public engagement. On behalf of the American Bankers Association, along with American's Credit Unions, Bank Policy Institute, Community Development Bankers Association, Consumer Bankers Association, Independent Community Bankers Association, National Bankers Association, and The Clearing House Association, we respectfully request an extension of the 30-day comment period for the Advance Notice of Proposed Rulemaking (ANPRM) issued by the Department of the Treasury regarding the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.

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Abstract

This ANPRM solicits comment on questions relating to the implementation of the GENIUS Act. The GENIUS Act tasks Treasury (and other federal agencies) 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. Through this ANPRM, Treasury is seeking comment on potential regulations that may be promulgated, including regarding regulatory clarity, prohibitions on certain issuances and marketing, BSA/AML and sanctions obligations, the balance of state-level oversight with federal oversight, comparable foreign regulatory and supervisory regimes, and tax issues, among other things.

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Co-filers (55)

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