A payment stablecoin from a permitted issuer is not a commodity
To provide for the regulation of payment stablecoins, and for other purposes, section 17, Sec. 17.
Written by .
A payment stablecoin from a permitted issuer is not a commodity
The document says “is amended”Who acts: CongressHow: statuteSec. 17 in the PDF
What the document says
“Section 1a(9) of the Commodity Exchange Act (7 U.S.C. 1a(9)) is amended by adding at the end the following: "The term `commodity' does not include a payment stablecoin issued by a permitted payment stablecoin issuer, as such terms are defined in section 2 of the GENIUS Act.".”
Subsection (f). The sentence is added to the definition of commodity in section 1a(9) of the Commodity Exchange Act (7 U.S.C. 1a(9)). What that Act otherwise covers is not recorded here, because it is not indexed on this site.
What the document actually says
“Section 1a(9) of the Commodity Exchange Act (7 U.S.C. 1a(9)) is amended by adding at the end the following: "The term `commodity' does not include a payment stablecoin issued by a permitted payment stablecoin issuer, as such terms are defined in section 2 of the GENIUS Act.".”
That sentence, in plain words
A coin from a cleared maker is not a commodity. That word is defined in a law on futures trading. This line takes the coin out of it.
What this is about
A commodity is a good like oil or wheat. Trading in them has its own rule book. This says these coins do not fall under it.
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. 17, 139 Stat. 462 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ27/html/PLAW-119publ27.htm
This page
“A payment stablecoin from a permitted issuer is not a commodity,” Guiding and Establishing National Innovation for U.S. Stablecoins Act, section 17, Sec. 17. Read the Mandate, https://readthemandate.org/guiding-establishing-national-innovation-u-s/proposal/sec17-not-a-commodity/ (retrieved October 10, 2026).
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