According to CoinMeta, the blockchain association submitted comments to the U.S. Treasury Department, requesting clarification of the regulatory boundaries regarding software, overseas stablecoin issuers, and attribution of responsibilities in the genius legislation. The association advocates for distinguishing between customer-facing financial services and self-hosted software as well as verifiers, and proposes that law enforcement should be based on genuine knowledge and substantial assistance, and that ordinary secondary market activities should not be considered evidence of participation in the issuance of illegal stablecoins.