Amendment · S.Amdt. 2336· Senate(119-SAMDT-2336)
S.Amdt. 2336
Age: 77 years
Massachusetts
- Introduced
- 6/9/2025
- Sponsored by
- Elizabeth Warren
- Cosponsors
- None
- Changes bill
- 119-S-1582 — GENIUS Act
- Introduced
- Pending Consideration
- Failed
What this amendment would do
The amendment submitted by Ms. Warren aims to add a new section regarding Extraterritorial Jurisdiction to the bill S. 1582, which provides for the regulation of payment stablecoins.
What It Aims to Change or Add
- It adds a rule stating that any payment stablecoin denominated in United States dollars, no matter where it is located, is considered property subject to the jurisdiction of the United States.
- This applies for the purposes of any provision of law that authorizes sanctions or sanctions enforcement actions.
- 6/9/2025
- Senate amendment submitted
This bill has no cosponsors