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The #US #Treasury proposed rules for Section 3 of the #GENIUS #Act treating #stablecoins as issued upon first transfer based on physical user location. Foreign issuers face strict compliance to access US #markets while #exchanges assisting with illegal primary distribution risk heavy liability. #MarketUpdate #StockMarket #USA #stocks #Bullish #bearish #TRUMP $Trump #America #DonaldTrump #rates #GlobalTrade #altcoin #altcoins #altseason #coin #coins #token #cryptocurrency #UnitedStates #stablecoin #GeniusAct

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