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US Senate Updates Stablecoin Bill GENIUS Act 2025: Expanding Stablecoin Reciprocity Provisions for Payments in Overseas Jurisdictions
According to the newly released GENIUS Act 2025 by the US Senate, the updated bill specifically expands the "Reciprocity for Payment Stablecoins Issued in Overseas Jurisdictions" (Reciprocity for Payment Stablecoins Issued in Overseas Jurisdictions). The US Secretary of the Treasury is required to enter into bilateral agreements with countries with similar stablecoin regulatory frameworks.
2025-03-10 23:47:22
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