âđš JUST IN: US Federal Reserve Proposes New Rules for Stablecoins Under the GENIUS Act! đșđžđž
âUS Central Bank (Federal Reserve) ne GENIUS Act ke tehat payment stablecoin issuers ke liye ek comprehensive regulatory framework propose kiya hai. Iska maqsad crypto market me stability, transparency aur consumer protection ko strong banana hai.
âđ Key Highlights & Major Rules:
â1ïžâŁ 1:1 Reserve & High-Quality Assets:
Issuers ko apne sabhi stablecoins ko 100% short-term US Treasuries, cash, ya high-quality liquid assets ke saath back karna hoga.
â2ïžâŁ Strict Capital Requirements:
Issuers par tier-based operational risk capital charge lagaya jaayega:
âą 2% initial $20 Billion tak
âą 1.5% agle $30 Billion par
âą 1% $50 Billion se upar ke amount par
â3ïžâŁ 2-Day Redemption Deadline:
Issuers ko max 2 business days ke andar stablecoin redemptions complete karne honge. Agar reserve 1:1 se neeche girta hai, toh immediately Fed ko notify karna hoga.
â4ïžâŁ Monthly Audits & Transparency:
Har mahine reserve breakdown report public karni hogi, jise registered accounting firm verify karegi aur CEO/CFO certify karenge.
â5ïžâŁ Bank Sub-Issuance Approval:
Banks ke liye subsidiary ke zariye stablecoins issue karne ke liye clear application process laya gaya hai.
âđĄ Market Impact:
âą Institutional Confidence: Clear rules se major TradFi institutions ka crypto market me trust badhega.
âą Unbacked Risk Reduced: Algorithmic aur riskier stablecoins ke bajaye fully-backed tokens ko dominance milegi.
âą Long-Term Bullish: Fed supervision global digital economy me USD stablecoins ki positioning strong karegi.
â60-day public comment period open ho chuka hai. Is new regulation par aapka kya verdict hai? đŹđ
â#CryptoNews #Fed #Stablecoins #GENIUSAct #BinanceSquare #CryptoRegulation #USDT #USDC
$USDC
$USDT
âUS Central Bank (Federal Reserve) ne GENIUS Act ke tehat payment stablecoin issuers ke liye ek comprehensive regulatory framework propose kiya hai. Iska maqsad crypto market me stability, transparency aur consumer protection ko strong banana hai.
âđ Key Highlights & Major Rules:
â1ïžâŁ 1:1 Reserve & High-Quality Assets:
Issuers ko apne sabhi stablecoins ko 100% short-term US Treasuries, cash, ya high-quality liquid assets ke saath back karna hoga.
â2ïžâŁ Strict Capital Requirements:
Issuers par tier-based operational risk capital charge lagaya jaayega:
âą 2% initial $20 Billion tak
âą 1.5% agle $30 Billion par
âą 1% $50 Billion se upar ke amount par
â3ïžâŁ 2-Day Redemption Deadline:
Issuers ko max 2 business days ke andar stablecoin redemptions complete karne honge. Agar reserve 1:1 se neeche girta hai, toh immediately Fed ko notify karna hoga.
â4ïžâŁ Monthly Audits & Transparency:
Har mahine reserve breakdown report public karni hogi, jise registered accounting firm verify karegi aur CEO/CFO certify karenge.
â5ïžâŁ Bank Sub-Issuance Approval:
Banks ke liye subsidiary ke zariye stablecoins issue karne ke liye clear application process laya gaya hai.
âđĄ Market Impact:
âą Institutional Confidence: Clear rules se major TradFi institutions ka crypto market me trust badhega.
âą Unbacked Risk Reduced: Algorithmic aur riskier stablecoins ke bajaye fully-backed tokens ko dominance milegi.
âą Long-Term Bullish: Fed supervision global digital economy me USD stablecoins ki positioning strong karegi.
â60-day public comment period open ho chuka hai. Is new regulation par aapka kya verdict hai? đŹđ
â#CryptoNews #Fed #Stablecoins #GENIUSAct #BinanceSquare #CryptoRegulation #USDT #USDC
$USDC
$USDT