A denied State regulator may appeal to the D.C. Circuit
To provide for the regulation of payment stablecoins, and for other purposes, section 4, Sec. 4.
Written by .
A denied State regulator may appeal to the D.C. Circuit
The document says “can”Who acts: State payment stablecoin regulatorsHow: statuteSec. 4 in the PDF
What the document says
“A State payment stablecoin regulator in receipt of a denial under subparagraph (C)(ii) may appeal the denial to the United States Court of Appeals for the District of Columbia Circuit.”
Subsection (c)(5)(D). The appeal lies from a second denial, after the State has been given the chance to cure and has resubmitted. Under subparagraph (E) a denial does not stop the State from submitting a new certification.
What the document actually says
“A State payment stablecoin regulator in receipt of a denial under subparagraph (C)(ii) may appeal the denial to the United States Court of Appeals for the District of Columbia Circuit.”
That sentence, in plain words
A state told no may take the case to court. The court is the one that sits in Washington, D.C.
What this is about
This right comes after a second no. The state can also just start over. It may send in a new paper at any time.
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. 4, 139 Stat. 425 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ27/html/PLAW-119publ27.htm
This page
“A denied State regulator may appeal to the D.C. Circuit,” Guiding and Establishing National Innovation for U.S. Stablecoins Act, section 4, Sec. 4. Read the Mandate, https://readthemandate.org/guiding-establishing-national-innovation-u-s/proposal/sec04-certification-appeal/ (retrieved October 10, 2026).
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