FDIC Proposes Stablecoin Issuance Framework Under GENIUS Act
The FDIC proposes a framework under the GENIUS Act outlining how banks can apply to issue payment stablecoins through subsidiaries. The Federal Deposit Insurance Corp. has advanced US stablecoin regulation by proposing a framework for banks seeking to issue payment stablecoins. The move is an initial step in the implementation of the GENIUS Act and...
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