VERY STABLEGENIUS
SEC. 3 › (a)

(a) .— Limitation on Issuers

Bill Text

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§3(a)

(a) .— Limitation on Issuers

It shall be unlawful for any person other than a permitted payment stablecoin issuer to issue a payment stablecoin in the United States.

Parent Section

SEC. 3

ISSUANCE AND TREATMENT OF PAYMENT STABLECOINS

Related Sections

Other sections under SEC. 3

SEC. 3 › (b)(b) .— Prohibition on Offers or SalesSEC. 3 › (c)(c) .— Limited Safe HarborsSEC. 3 › (d)(d) .— RulemakingSEC. 3 › (e)(e) .— Extraterritorial EffectSEC. 3 › (f)(f) .— Penalty for ViolationSEC. 3 › (g)(g) .— Treatment