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      U.S. Treasury Proposes GENIUS Act Rules for Stablecoin Issuance, Offer, and Sale

      On August 18, 2026, the U.S. Department of the Treasury ("Treasury") issued a notice of proposed rulemaking ("NPRM") related to section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins Act ("GENIUS Act")....
      By: Jones Day

      Source: JD Supra

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud