SEC. 8 › (a)
(a) .— Payment Stablecoins Issued by a Foreign Payment Stablecoin Issuer
foreign-issuers
Bill Text
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§8(a)(1)
(1) .— In general
A payment stablecoin that is issued by a foreign payment stablecoin issuer may not be publicly offered, sold, or otherwise made available for trading in the United States by a digital asset service provider unless the foreign payment stablecoin issuer has the technological capability to comply and complies with the terms of any lawful order.
§8(a)(3)
(3) .— Appeal
A determination of noncompliance under this subsection is subject to judicial review in the United States Court of Appeals for the District of Columbia Circuit.
Parent Section
SEC. 8ANTI-MONEY LAUNDERING PROTECTIONS
Related Sections
Other sections under SEC. 8