GENIUS Rules Put Foreign Stablecoins Under US Scrutiny
The proposal names no specific token, but shifts the compliance burden onto US exchanges. Fail the diligence bar, and stablecoins like USDT risk losing access to US customers by July 2028.
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The proposal names no specific token, but shifts the compliance burden onto US exchanges. Fail the diligence bar, and stablecoins like USDT risk losing access to US customers by July 2028.
The rebound marks a recovery in token access after June's two-year low, giving altcoins a broader route to centralized exchange liquidity.