Connect with us

Hi, what are you looking for?

Crypto News

U.S. Banks May Soon Issue Stablecoins as FDIC Proposes GENIUS Act Framework

U.S. banks could soon begin applying to issue payment stablecoins after the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed approval framework. The move marks one of the first concrete regulatory steps to implement the GENIUS Act, a stablecoin law signed earlier this year. FDIC Sets Stablecoin Approval Path for Banks The FDIC board released

The post U.S. Banks May Soon Issue Stablecoins as FDIC Proposes GENIUS Act Framework appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Crypto News

Stablecoins:- India’s digital payments leadership is reshaping global finance. Yet, one layer remains stuck in inefficiency: cross-border transactions. Remittances and trade payments still rely...

Crypto News

In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm...

Crypto News

Trends:- A former Find Satoshi Lab (FSL) leader Mable Jiang has announced the launch of a new social protocol project – called Trends. The...