New U.S. Stablecoin Regulations Imminent as FDIC Finalizes GENIUS Act Guidelines
The U.S. Federal Deposit Insurance Corporation (FDIC) is making ready to publish its first formal proposal outlining how stablecoin issuers will function below the GENIUS Act, in line with appearing chairman Travis Hill. The rulemaking bundle is predicted to be submitted to the House Financial Services Committee earlier than the top of December, marking a…
