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US Federal Reserve proposes new stablecoin rules - Reuters
US Federal Reserve proposes new stablecoin rules Reuters
US Federal Reserve proposes new stablecoin rules Reuters
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US Federal Reserve proposes new stablecoin rules Reuters
www.reuters.com/legal/govern... Federal Reserve proposes new stablecoin rules. Under the proposal, the Fed would require that payment stablecoin issuers under its supervision fully back their tokens with certain reserve assets, such as short-term Treasury bills. The US Federal Reserve on Thursday proposed new rules for issuers of dollar-backed cryptocurrency tokens known as stablecoins, as re
The Federal Reserve proposed new rules for stablecoin issuers, including full reserve backing, capital requirements and a formal approval process for banks that want to issue payment stablecoins. The proposals are now open for public comment before a final rule is adopted. https:// radardigital.ai/en/articles/fe deral-reserve-stablecoin-rules-public-consultation