The U.S. GENIUS Act, signed by President Donald Trump on July 18, 2025, also bars stablecoin issuers from paying interest and takes effect in January 2027

From the articleCanada Seeks Comment on Stablecoin Rules, Plans to Bar Non-Financial Issuers From Paying InterestAlso in Canada Opens Consultation Under Stablecoin Act, Expecting Implementation in 2027, Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield - Decrypt