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Blockchain Association backs Treasury stablecoin rule but wants tighter definitions

The Blockchain Association's feedback on Treasury's stablecoin rule highlights the need for precise definitions to prevent regulatory overreach, impacting global crypto operations. The post Blockchain Association backs Treasury stablecoin rule but wants tighter definitions appeared first on Crypto Briefing.

Blockchain Association backs Treasury stablecoin rule but wants tighter definitions
Crypto Briefing
AI summary

The Blockchain Association submitted comments supporting Treasury's proposed stablecoin rule while urging clearer definitions to prevent regulatory overreach that could affect global crypto operations. The feedback is a trade-group response to a rulemaking, not a final ruling, so no immediate compliance deadlines or market changes result. Traders should watch how Treasury finalizes definitions, since stablecoin rules could affect issuance and liquidity, but this item alone is unlikely to move prices.

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