🏛️ POLICY:
A major shift could be coming for stablecoins on US exchanges.
Under Treasury’s proposed GENIUS rules, platforms may need to closely review every foreign stablecoin they list and assess whether its issuer can comply with lawful US orders.
The key point? 🌍 Being issued outside the US may no longer mean getting a free pass.
This could put more pressure on exchanges to choose between deeper compliance checks and potential delistings.
The stablecoin market is becoming less about who can issue and more about who can stay compliant everywhere.
Will this create a safer market—or reduce competition for global stablecoin issuers? 👀
#CryptoNews #Stablecoins #BinanceSquare #Regulation #blockchain
A major shift could be coming for stablecoins on US exchanges.
Under Treasury’s proposed GENIUS rules, platforms may need to closely review every foreign stablecoin they list and assess whether its issuer can comply with lawful US orders.
The key point? 🌍 Being issued outside the US may no longer mean getting a free pass.
This could put more pressure on exchanges to choose between deeper compliance checks and potential delistings.
The stablecoin market is becoming less about who can issue and more about who can stay compliant everywhere.
Will this create a safer market—or reduce competition for global stablecoin issuers? 👀
#CryptoNews #Stablecoins #BinanceSquare #Regulation #blockchain
