La Fed y la SEC avanzan hacia reglas de criptomonedas más claras para stablecoins y tokens funcionales

S1R0Z · 2026-09-28T07:02:58.000Z

#fedproposespaymentstablecoinrules La Fed y la SEC impulsan reglas de criptomonedas más claras a medida que evoluciona la orientación sobre stablecoins y tokens 🚨 La Fed y la SEC están adoptando enfoques diferentes para aportar más claridad al mercado cripto. La Reserva Federal ha propuesto un marco para los emisores de stablecoins de pagos bajo la Ley GENIUS, que abarca áreas como el respaldo 1:1 con reservas líquidas de alta calidad, requisitos de capital, gestión de riesgos, custodia y procedimientos de aprobación para bancos que emiten stablecoins. Al mismo tiempo, el personal de la SEC ha brindado aclaraciones sobre las recompras de tokens y las redes cripto funcionales. La orientación indica que una recompra de tokens no crea automáticamente un contrato de valores cuando la red subyacente tiene características funcionales.

#fedproposespaymentstablecoinrules 
Fed and SEC Push for Clearer Crypto Rules as Stablecoin and Token Guidance Evolves
🚨 The Fed and SEC are taking different approaches to bringing more clarity to the crypto market.
The Federal Reserve has proposed a framework for payment stablecoin issuers under the GENIUS Act, covering areas including 1:1 backing with high-quality liquid reserves, capital requirements, risk management, custody, and approval procedures for banks issuing stablecoins.
At the same time, SEC staff has provided clarification around token buybacks and functional crypto networks. The guidance indicates that a token buyback does not automatically create a securities contract when the underlying network has functional characteristics.
One important detail: the SEC's position is staff guidance, not a binding rule.
For the broader crypto market, these developments point toward two different regulatory tracks. Stablecoins are moving toward more formal oversight and reserve requirements, while the SEC is providing additional guidance around certain functional crypto assets.
For $USDC, $CRCL, $COIN and $ETH, the key issue now is how these frameworks develop through the next stages of the regulatory process.
The details matter because clearer rules around stablecoin issuers and functional tokens could influence how crypto companies structure products, manage reserves, and operate within the U.S. regulatory system.
#Crypto #Stablecoins #USDC #ETH #CryptoRegulation #SEC #FederalReserve #GENIUSAct