US SEC Digital Assets and Crypto Regulatory Framework
Payment stablecoins (GENIUS Act, binding statute) – US SEC Digital Assets and Crypto Regulatory Framework

US SEC Digital Assets and Crypto Regulatory Framework GENIUS 4(a)(10)-(11): Pay no interest or yield on holding; above $50 billion outstanding, publish PCAOB-audited annual financial statements

GENIUS Act section 4(a)(10) and (11): permitted and foreign payment stablecoin issuers may not pay holders any interest or yield, in cash, tokens or other consideration, solely for holding, using or retaining the stablecoin; an issuer with more than $50 billion outstanding that is not an SEC reporting company prepares annual GAAP financial statements with related party disclosures audited by a registered firm under PCAOB standards and publishes them.

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