Regulators Just Missed the Genius Act's One Year Deadline

US regulators just blew past the Genius Act's one year deadline without finalizing any stablecoin rules Everyone on Capitol Hill is focused on the Clarity Act, but the Genius Act passed a year ago with a one year deadline for regulators to come together and deliver the rules. That deadline just passed with no final rules in place. It's a bad spot for stablecoin issuers, who still don't have the clarity the Genius Act was supposed to bring on what they can and can't do. The Act got its first birthday, but the rules are still baking. #GeniusAct #Stablecoins #Crypto #Regulation #Bitcoin