GENIUS Act Gets Criminal Teeth: Treasury Defines Who Can Sell Stablecoins; Tether Needs $47B Fix - techtimes.com
The Treasury now defines who can sell stablecoins under the GENIUS Act, imposing strict compliance requirements on sellers, including potential criminal penalties for violations.
Aforeworn detected this change in the Money Services & Money Transmitters space on September 2, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated High urgency. All businesses involved in the sale of stablecoins, including payment processors, crypto firms, and remittance providers. should confirm how it applies to their specific situation before acting. There is a time constraint attached: Immediate compliance required as the regulations are now in effect.. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Money Services & Money Transmitters continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
New regulations under the GENIUS Act specify who is authorized to sell stablecoins, with criminal penalties for non-compliance.
Who it affects
All businesses involved in the sale of stablecoins, including payment processors, crypto firms, and remittance providers.
What you must do
Ensure compliance with the new definitions and regulations regarding stablecoin sales.
Deadline
Immediate compliance required as the regulations are now in effect.
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