CryptoWorld News reports that, according to Coindesk, several senators led by Republican Senator Cynthia Lummis have written a letter to the U.S. Treasury Secretary Scott Bessent, urging the Treasury Department to clarify the procedures and timeline for state-level stablecoin regulatory certification under the genius bill, and to issue written guidance to regulate the application, review, and certification processes.

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PeacockSpreadsItsFeathersBut
· 4h ago
Lummis is quite quick to act this time. If state-level stablecoin regulation certification can be implemented, it would be a big benefit for compliant issuers.
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MoonlightColdWallet
· 4h ago
Republican senators collectively pressure for action, and the implementation of the Genius Act’s follow-up measures is finally set to speed up.
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