US Treasury Starts to Implement GENIUS Act & Seeks Feedback – Best Crypto to Buy

The US Treasury Department is putting the GENIUS Act into action with a 60-day comment period to gather ideas on detecting illicit crypto activity.
By establishing a stablecoin framework and seeking input, the Treasury is working to shape the Web3 sector. Under Trump, their ultimate ambition is to bolster crypto innovation safely.
Such regulatory clarity is bound to boost investor confidence and help make it easier for legitimate projects to flourish.
In turn, now could be an opportune time to invest in the best crypto to buy (like Snorter Token) before their prices possibly soar.
GENIUS Act Feedback to Innovate Crypto & Combat Crime
The GENIUS Act was signed into law by President Trump on July 18, 2025. That same day, it passed both the Senate and the House.
Under the bill, stablecoins must be backed by liquid assets, such as the dollar. Coin issuers must also share a monthly report on what’s in their reserves. Doing so helps boost market transparency and trust.

Now, the Treasury is taking the initiative a nudge further by seeking input on how to spot unlawful crypto activity.
Feedback from the public, industry players, and innovators is welcome until October 16, 2025. Some of the key points the Treasury asks them to address include:

How APIs can be used to monitor and share data;
The role of AI in detecting suspicious activity;
Ways to approach digital identity verification for