The Secretary of the Treasury is to issue regulations to implement the section
To provide for the regulation of payment stablecoins, and for other purposes, section 3, Sec. 3.
Written by .
The Secretary of the Treasury is to issue regulations to implement the section
The document says “shall”Who acts: Secretary of the TreasuryHow: statuteSec. 3 in the PDF
What the document says
“Consistent with section 13, the Secretary of the Treasury shall issue regulations to implement this section, including regulations to define terms.”
Subsection (d). Section 13 sets the deadline: not later than one year after the date of enactment, through notice and comment rulemaking.
What the document actually says
“Consistent with section 13, the Secretary of the Treasury shall issue regulations to implement this section, including regulations to define terms.”
That sentence, in plain words
The head of the Treasury must write rules for this part. Some of the rules will say what words mean.
What this is about
Part 13 sets the clock. The rules are due one year after the law passed. The public gets to comment first.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Guiding and Establishing National Innovation for U.S. Stablecoins Act, Public Law 119-27, sec. 3, 139 Stat. 423 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ27/html/PLAW-119publ27.htm
This page
“The Secretary of the Treasury is to issue regulations to implement the section,” Guiding and Establishing National Innovation for U.S. Stablecoins Act, section 3, Sec. 3. Read the Mandate, https://readthemandate.org/guiding-establishing-national-innovation-u-s/proposal/sec03-rulemaking/ (retrieved October 10, 2026).
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