📰 Treasury Rule Lets States File Initial Stablecoin Certifications Before Rules Are Final
Source : Binance
description: Treasury's Sept. 30 rule allows states to submit initial certifications for stablecoin-regime review even while their rules are still unfinished. According to NS3.AI, the rule took effect Sept. 30, but Treasury will not accept filings until it announces that the information collection has been approved under the Paperwork Reduction Act. A conditional filing preserves the initial filing timeline, but it does not start substantive review or approve a state regime. State-qualified payment stablecoin issuers with no more than $10 billion in consolidated outstanding issuance may choose state regulation only if their state regime meets the required standards and receives unanimous committee approval.
Time : 2026-10-01 14:50:08
Credit : binance news
Link : https://www.binance.com/en/square/post/372633634105233
Source : Binance
description: Treasury's Sept. 30 rule allows states to submit initial certifications for stablecoin-regime review even while their rules are still unfinished. According to NS3.AI, the rule took effect Sept. 30, but Treasury will not accept filings until it announces that the information collection has been approved under the Paperwork Reduction Act. A conditional filing preserves the initial filing timeline, but it does not start substantive review or approve a state regime. State-qualified payment stablecoin issuers with no more than $10 billion in consolidated outstanding issuance may choose state regulation only if their state regime meets the required standards and receives unanimous committee approval.
Time : 2026-10-01 14:50:08
Credit : binance news
Link : https://www.binance.com/en/square/post/372633634105233