US Regulators Move Closer to Implementing Federal Rules for Stablecoin Issuers
The US Federal Deposit Insurance Corporation has formally unveiled its proposed approach to regulating stablecoin issuers, marking a significant step towards implementing the Guiding and Establishing National Innovation for US Stablecoins Act. The proposal, which will be open to public comment for 60 days, outlines a set of rules and guidelines for stablecoin issuers, including capital, liquidity…