Internet reports that the U.S. Treasury Department recently launched the "Advance Proposed Rules Notice"(ANPRM) process to promote the official implementation of the "GENIUS Act"(U.S. stablecoin National Innovation Guidance and Establishment Act) signed by President Trump, marking the entry of stablecoin legislation into the substantive regulatory stage. The Ministry of Finance solicited opinions on details such as issuer restrictions, sanctions compliance, anti-money laundering requirements, federal and state regulatory balances, tax issues and custody of reserve assets. The public and crypto companies can submit feedback by October 20. As the first encryption legislation, the GENIUS Act has become law. The Treasury's move is intended to further refine the regulatory framework and form a complement to the ongoing Digital Asset Markets Clarification Act.