SEC. 8 › (b) › (3) › (B)

(B) .— Rulemaking

📜 Rulemaking Required🏛️ Treasuryforeign-issuers

Bill Text

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§8(b)(3)(B)📜 Rulemaking

(B) .— Rulemaking

Consistent with section 13, the Secretary of the Treasury shall specify the criteria that a noncompliant foreign issuer must meet for the Secretary of the Treasury to determine that the foreign payment stablecoin issuer is no longer noncompliant.