Defi
GENIUS Act Does Not Broadly Exempt Stablecoin Firms From State Licensing
TokenPost·November 4, 2026·1 min read
The GENIUS Act does not broadly exempt stablecoin firms from state licensing. Exchanges, wallets, payment processors, and remittance companies may still need federal registration and state licenses, depending on how they handle customer funds. This clarifies the regulatory landscape for stablecoin issuers and service providers.
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