Search results for Federal Register
Crypto
U.S. Treasury raises bar for foreign stablecoins, gives exchanges due diligence duty
The U.S. Treasury has issued draft rules that would impose tougher due diligence requirements on U.S. cryptocurrency exchanges and digital asset service providers handling foreign-issued stablecoins. Platforms would need to reasonably assess issuers\' ability and willingness to comply with lawful U.S. orders to freeze or seize tokens and to show reciprocal cooperation. The proposal outlines a phased rollout from 2027 and 2028 and sets conditions for eligible foreign issuers while keeping certain peer-to-peer and self-custody transactions exempt.
Crypto
U.S. Treasury begins drafting detailed rules ahead of Genius Act rollout
The U.S. Treasury has begun procedures to draft rules to implement the Genius Act, a stablecoin regulation law. It has started collecting public comments on draft regulations ahead of the law’s planned rollout in January 2027. The law sets a framework for payment stablecoins in the United States, but the Treasury and other agencies have not finalised detailed rules by a July deadline. Treasury Secretary Scott Bessent said stakeholder input is needed.
Crypto
U.S. SEC begins overhaul of rules for crypto, prediction-market ETFs, seeks public comment
The U.S. Securities and Exchange Commission has begun revamping its regulatory framework for “emerging” exchange-traded funds, including products linked to cryptocurrencies and prediction markets. It opened a public comment process on June 30, covering crypto-linked ETFs, single-stock strategy ETFs, high-leverage ETFs and event-contract ETFs tied to prediction markets. Key issues include whether such products qualify as investment companies and whether to extend automatic effectiveness review periods. Comments are due 60 days after Federal Register publication.
