Amy Oldenburg, Morgan Stanley’s head of digital asset strategy, said the legislation has moved beyond passage and is now at the stage where detailed implementing rules are being developed.
Morgan Stanley Head of Digital Asset Strategy Amy Oldenburg said the GENIUS Act has passed and is now in the rule-making phase. The statement indicates the legislative process has advanced to the stage where regulators and other authorities typically draft detailed implementation standards. In crypto policy, rule-making is the process that turns a law’s broad provisions into operational requirements for market participants.