GENIUS Act Update: BA Seeks Protections for DeFi Infrastructure and Foreign Issuers

The Blockchain Association (BA) filed a 26-page comment letter on October 19, 2026, urging the U.S. Treasury Department to sharpen its GENIUS Act stablecoin rules. The filing targets Treasury’s proposed rule on payment stablecoin issuance, offering, and sale, and calls for clearer definitions before the framework takes full effect on January 18, 2027. The BA