A registered foreign issuer is subject to supervision and consents to jurisdiction
To provide for the regulation of payment stablecoins, and for other purposes, section 18, Sec. 18.
Written by .
A registered foreign issuer is subject to supervision and consents to jurisdiction
The document says “shall”Who acts: foreign payment stablecoin issuersHow: statuteSec. 18 in the PDF
What the document says
“(A) be subject to reporting, supervision, and examination requirements as determined by the Comptroller; and (B) consent to United States jurisdiction relating to the enforcement of this Act.”
Subsection (c)(2). Two duties follow registration: reporting, supervision and examination on terms the Comptroller determines, and consent to United States jurisdiction for enforcement of the Act.
What the document actually says
“(A) be subject to reporting, supervision, and examination requirements as determined by the Comptroller; and (B) consent to United States jurisdiction relating to the enforcement of this Act.”
That sentence, in plain words
A signed up maker must report and be checked. The federal office sets those terms. The maker must also agree to answer to courts here.
What this is about
Without that consent, a court here may have no hold on a firm abroad. Signing up is how the maker gives 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. 18, 139 Stat. 463 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ27/html/PLAW-119publ27.htm
This page
“A registered foreign issuer is subject to supervision and consents to jurisdiction,” Guiding and Establishing National Innovation for U.S. Stablecoins Act, section 18, Sec. 18. Read the Mandate, https://readthemandate.org/guiding-establishing-national-innovation-u-s/proposal/sec18-ongoing-monitoring/ (retrieved October 10, 2026).
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