🚨 BREAKING: FED PROPOSES NEW STABLECOIN RULES UNDER GENIUS ACT! 🇺🇸
⚡ The Federal Reserve has proposed new requirements for supervised stablecoin issuers, including full reserve backing with assets such as short-term U.S. Treasury bills and other high-quality liquid assets.
🏦 The proposal also introduces standardized capital requirements and risk-management standards for stablecoin activities.
📋 The Fed is now seeking public comments, with the comment period closing 60 days after publication in the Federal Register.
🌐 A major new chapter for U.S. stablecoin regulation and institutional crypto infrastructure.
👀 Could clearer rules accelerate stablecoin adoption and on-chain payments?
Follow for daily updates ⚡
$QNT $XPL $ONDO
⚡ The Federal Reserve has proposed new requirements for supervised stablecoin issuers, including full reserve backing with assets such as short-term U.S. Treasury bills and other high-quality liquid assets.
🏦 The proposal also introduces standardized capital requirements and risk-management standards for stablecoin activities.
📋 The Fed is now seeking public comments, with the comment period closing 60 days after publication in the Federal Register.
🌐 A major new chapter for U.S. stablecoin regulation and institutional crypto infrastructure.
👀 Could clearer rules accelerate stablecoin adoption and on-chain payments?
Follow for daily updates ⚡
$QNT $XPL $ONDO
