Published Aug 24, 2026, 10:21 PM ET · Updated 3 months ago · 2 sources
THE BLOCK: The Blockchain Association has filed a letter to support federal agencies' proposed rules for stablecoin issuers under the GENIUS Act. It backs limiting customer ID requirements to direct issuer-customer transactions in the primary market, while calling for clearer definitions and avoiding duplicative compliance requirements.
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Original Report
THE BLOCK: The Blockchain Association has filed a letter to support federal agencies' proposed rules for stablecoin issuers under the GENIUS Act. It backs limiting customer ID requirements to direct issuer-customer transactions in the primary market, while calling for clearer definitions and avoiding duplicative compliance requirements.