The group also sought narrower liability and refined "knowing participation" standards to better align the final rule with the intent of Congress. CCI filed its own separate comments regarding the same proposed regulation on Oct. 20.
Tuesday, October 20, 2026
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Blockchain Association Proposes Changes to Treasury Stablecoin Rule
Crypto19 hours ago
A submission to the U.S. Treasury from the Blockchain Association calls for revisions to the proposed regulatory framework for payment stablecoins. The filing focuses on the implementation of Section 3 of the GENIUS Act, which establishes the requirements for entities selling and issuing such assets in the United States. While the association endorsed the government's primary approach, it requested more specific criteria for foreign issuers and digital asset service providers.
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