The Federal Reserve has sought public comment on stablecoin regulations.
The Federal Reserve has released two proposals—linked to the GENIUS Act—for stablecoin issuers under its supervision.
These rules mandate full backing by assets such as short-term Treasury securities and introduce new requirements for capital and risk management.
The second proposal outlines the application process for Fed-supervised banks wishing to issue stablecoins.
#FED
The Federal Reserve has released two proposals—linked to the GENIUS Act—for stablecoin issuers under its supervision.
These rules mandate full backing by assets such as short-term Treasury securities and introduce new requirements for capital and risk management.
The second proposal outlines the application process for Fed-supervised banks wishing to issue stablecoins.
#FED
