The US Treasury opens a second public comment period on the GENIUS Act to regulate stablecoin payments. Signed into law by Trump in July, the act invites feedback until Oct. 17 on illicit activity concerns. Implementation is expected in late 2026 after finalizing regulations 120 days post-legislation.

The US Senate plans to address digital asset market structure with a potential vote on the Responsible Financial Innovation Act by the end of September. Wyoming Senator Cynthia Lummis pushes for oversight clarity, with the bill aiming to define roles of US financial agencies in enforcing crypto regulations by 2026.

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1. Bitcoin hits new all-time high of $63,000, fueled by growing institutional interest and positive market sentiment.
2. Ethereum price surges over 10% to reach $2,500, driven by increased demand for decentralized finance (DeFi) applications.
3. Dogecoin sees a 20% spike after Elon Musk’s tweet about the cryptocurrency, reaching a market cap of $50 billion.
4. Ripple’s XRP token jumps 15% following a court ruling in its favor, allowing the company to access SEC documents related to the ongoing lawsuit.: US Treasury Opens For Public Comments For Implementation Of GENIUS Act