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Variant Chief Legal Officer Jake Chervinsky stated that there are currently no stablecoins that comply with the "GENIUS" rules, as the relevant regulations have not yet been determined. The GENIUS Act provides an overall framework but lacks specific compliance rules, with final regulations expected to be established in 2026, effective November 15, 2026. Stablecoins will continue to operate as they have in the past until then. #稳定币 #GENIUS #合规