CoinDesk·
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs.
Also covered by 5 outlets
- 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
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