Multiple senators send a letter to the Treasury, requesting clarification of the state-level stablecoin regulatory certification process under the GENIUS Act
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According to CoinDesk, several senators led by Republican Senator Cynthia Lummis have sent a letter to Treasury Secretary Scott Besant, requesting the Treasury Department to clarify the procedures and timeline for state-level stablecoin regulatory certification under the GENIUS Act, and to issue written guidelines to standardize the application, review, and certification process.
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