#FedProposesPaymentStablecoinRules
🚨 IMPORTANT INFORMATION: THE FEDERAL RESERVE PROPOSES A 2% CAPITAL REQUIREMENT FOR STABLECOIN ISSUERS! 🇺🇸💵
🏦 The proposed framework would require a 2% capital reserve on the first 20 BILLION dollars of token issuance for covered payment stablecoin issuers.
🚫 NO DIRECT YIELD: Payment stablecoin issuers would also be prohibited from paying interest or a return directly to token holders.
📋 The proposal is part of the implementation of the GENIUS Act by the Federal Reserve and includes additional capital and risk management requirements.
🌐 Stablecoin regulation is entering a more clearly defined phase in the United States.
👀 Could stricter capital rules reshape the stablecoin market?
#Fed #StablecoinNews #CryptoMarkets
$BTW
$ONE
$QNT
🚨 IMPORTANT INFORMATION: THE FEDERAL RESERVE PROPOSES A 2% CAPITAL REQUIREMENT FOR STABLECOIN ISSUERS! 🇺🇸💵
🏦 The proposed framework would require a 2% capital reserve on the first 20 BILLION dollars of token issuance for covered payment stablecoin issuers.
🚫 NO DIRECT YIELD: Payment stablecoin issuers would also be prohibited from paying interest or a return directly to token holders.
📋 The proposal is part of the implementation of the GENIUS Act by the Federal Reserve and includes additional capital and risk management requirements.
🌐 Stablecoin regulation is entering a more clearly defined phase in the United States.
👀 Could stricter capital rules reshape the stablecoin market?
#Fed #StablecoinNews #CryptoMarkets
$BTW
$ONE
$QNT
