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Regulation

Fed Proposes Rules For Payment Stablecoin Issuers

The Federal Reserve has issued a notice of proposed rules for payment stablecoin issuers under the GENIUS Act.

Fed Proposes Rules For Payment Stablecoin Issuers
Image: BullishMarketCap

The United States Federal Reserve has issued a notice of proposed rules concerning payment stablecoin issuers, according to information published on JDSupra.

The regulatory notice details framework requirements outlined under the GENIUS Act for entities issuing payment stablecoins within the jurisdiction.

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Key facts

  • The Federal Reserve issued a notice of proposed rules
  • The rules apply to payment stablecoin issuers
  • The regulatory framework is tied to the GENIUS Act
Federal Reserve#Fed#Stablecoins#Regulation

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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