The Defiant·
Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins
Covered issuers would generally have two business days to redeem tokens, while bank applications would follow the GENIUS Act's 120-day decision clock.
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- Crypto Briefing ↗Fed proposes reserve and capital rules for stablecoin issuers under GENIUS Act
- The Block ↗Fed proposes reserve limits, capital standards for stablecoin issuers under GENIUS Act
- Crypto Briefing ↗Fed proposes stablecoin rules under GENIUS Act, eyes crypto clarity
- Decrypt ↗Federal Reserve Unveils Stablecoin Rules on Reserves and Capital
- Cointelegraph ↗Fed proposes new capital, redemption rules for stablecoin issuers
- CoinDesk ↗U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
- Crypto Briefing ↗Fed proposes new stablecoin rules under GENIUS Act
- Unchained ↗Fed’s Stablecoin Proposal Sets Capital Charges and Presumes Some Yield Deals Are Prohibited
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