The GENIUS Act, provision by provision
ReserveBeat publishes seven provisions of the GENIUS Act that bear on what this product does, each with the statutory text quoted verbatim from the enrolled bill and a plain statement of what ReserveBeat does, and does not, measure against it. ReserveBeat quotes the statute and never paraphrases it.
| Provision | Citation |
|---|---|
| Reserve composition, redemption policy, and monthly disclosure | GENIUS Act § 4(a)(1) |
| Limits on pledging or reusing reserves | GENIUS Act § 4(a)(2) |
| Monthly examination by a registered public accounting firm | GENIUS Act § 4(a)(3) |
| Annual financial statement audit above the fifty-billion-dollar threshold | GENIUS Act § 4(a)(10) |
| Who may hold reserves, collateral, and issuance keys | GENIUS Act § 10 |
| Order of claims in an issuer bankruptcy | GENIUS Act § 11 |
| When the Act takes effect | GENIUS Act § 20 |
Seven provisions appear here, not the whole Act. A provision is published only where ReserveBeat can say something true and specific about what this product does with it; where it cannot, the provision is left out rather than given an empty explainer.
Statutory text, verbatim
Quoted exactly as it appears in the enrolled bill, including its line breaks and indentation. ReserveBeat does not re-wrap, edit, or abridge statutory text.
- Document
- S. 1582 ENROLLED (119th Congress)
- Retrieved
- 2026-07-25
Terms used in this provision
Definitional questions — what a payment stablecoin is, who counts as a permitted issuer — are answered in the learn section, not here.
This page is a pointer to primary law, not legal advice. ReserveBeat is not a law firm and takes no position on how any provision applies to any issuer. Read the statute.
Questions
Common questions
Is this the full text of the GENIUS Act?
No. Seven provisions are published here, sliced from the enrolled bill S. 1582 and quoted verbatim. The full Act is at the source link on every provision page.
Does ReserveBeat check whether an issuer meets these requirements?
No. ReserveBeat reconciles what an issuer publishes against what is observable on-chain and prepares evidence for a registered public accounting firm. It takes no position on any issuer's legal status.
Where did this text come from?
It was retrieved once from congress.gov, on the date shown on each page, and committed to this repository as a citable file. Pages render from that file, so the text cannot drift between readings.
Is this legal advice?
No. ReserveBeat is not a law firm. These pages point at primary law and describe what this product measures; they do not interpret the statute or apply it to anyone.