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US Stablecoins Face a Shift as FDIC Advances GENIUS Act Framework

US Stablecoins Face a Shift as FDIC Advances GENIUS Act Framework

U.S. stablecoins are moving into a new regulatory phase after the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking tied to the GENIUS Act. The proposal sets out a prudential structure for FDIC-supervised issuers and outlines how payment stablecoins will operate under federal oversight. Ad Ad U.S. Stablecoins Framework Expands Under FDIC

The post US Stablecoins Face a Shift as FDIC Advances GENIUS Act Framework appeared first on CoinGape.

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