Legislative Oversight

Stable identifiers

{
  "congress": 119,
  "bill_type": "s",
  "bill_number": 1582,
  "sponsor_bioguide_id": null
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Canonical URL: https://www.congress.gov/bill/119th-congress/senate-bill/1582

Official text excerpt

Public Law 119–27: To provide for the regulation of payment stablecoins, and for other purposes. 
 Public Law 27 
 Public Law 119–27 139 Stat. 419 
 2025-07-18 
 2025-07-18 
 United States Government Publishing Office National Archives and Records Administration Office of the Federal Register text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. 
 GPO Locator to USLM Converter 4.12.3;Stage2.20240826 2025-08-07 
 119 public 
 
 PUBLIC LAW 119–27—JULY 18, 2025 
 139 STAT. 419 
 Public Law 119–27 
 119th Congress 
 
 
 
 An Act 
 To provide for the regulation of payment stablecoins, and for other purposes. July 18, 2025 [ S. 1582 ] 
 
   Be it enacted by the Senate and House of Representa­tives of the United States of America in Congress assembled, Guiding and Establishing National Innovation for U.S. Stablecoins Act. 
 SECTION 1. 12 USC 5901 note . SHORT TITLE.   This Act may be cited as the “ Guiding and Establishing National Innovation for U.S. Stablecoins Act ” or the “ GENIUS Act ”. 
 SEC. 2. 12 USC 5901 . DEFINITIONS.   In this Act: (1) Appropriate federal banking agency .— The term “ appropriate Federal banking agency ” has the meaning given that term in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ). (2) Bank secrecy act .— The term “ Bank Secrecy Act ” means— (A) section 21 of the Federal Deposit Insurance Act ( 12 U.S.C. 1829b ); (B) chapter 2 of title I of Public Law 91–508 ( 12 U.S.C. 1951 et seq. ); and (C) subchapter II of chapter 53 of title 31, United States Code . (3) Board .— The term “ Board ” means the Board of Governors of the Federal Reserve System. (4) Comptroller .— The term “ Comptroller ” means the Office of the Comptroller of the Currency. (5) Corporation .— The term “ Corporation ” means the Federal Deposit Insurance Corporation. (6) Digital asset .— The term “ digital asset ” means any digital representation of value that is re…

Raw official payload (JSONB)

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Contributing member votes

Citations

• Congress.gov