đ„ Stablecoin Regulation Update
The Fed has proposed two rule frameworks for bank-supervised payment stablecoins.
One covers reserves, capital and risk management.
The other creates an application process for banks seeking approval to issue stablecoins.
$ETH $LINK $BNB and $BTC remain central to the wider crypto market.
đĄ The stablecoin infrastructure race is getting more formal.
#fedproposesrulesforbankissuedstablecoins
The Fed has proposed two rule frameworks for bank-supervised payment stablecoins.
One covers reserves, capital and risk management.
The other creates an application process for banks seeking approval to issue stablecoins.
$ETH $LINK $BNB and $BTC remain central to the wider crypto market.
đĄ The stablecoin infrastructure race is getting more formal.
#fedproposesrulesforbankissuedstablecoins