U.S. Crypto Regulation Takes Shape: Treasury Seeking Feedback, Wyoming Launches First State-Issued Stablecoin

The U.S. is actively shaping its regulatory landscape for cryptocurrencies as the industry continues to evolve. The Treasury Department has issued a call for public input on the GENIUS Act, aiming to provide clearer guidelines for stablecoin issuance. This landmark legislation requires stablecoins to be backed by low-risk assets like cash or Treasuries, offering both consumer protection and fostering innovation. ⏳Weekly U.S. crypto regulation update: Treasury seeks GENIUS Act feedback, Wyoming launches first state stablecoin, and SEC praises progress. #Crypto #Stablecoins