Coinbase has called on the U.S. Treasury Department to ensure that the implementation of the “GENIUS Act” reflects the intent of Congress. The company emphasizes the importance of aligning the Act’s execution with the objectives outlined in the legislative text. Coinbase believes that proper alignment is essential for achieving the intended benefits of the legislation. The request highlights the need for clear communication and understanding between the Treasury and stakeholders. Coinbase’s stance aims to advocate for a regulatory framework that adheres closely to what Congress envisioned.
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