Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers
As crypto rules proceed to take form within the US, the Federal Deposit Insurance Corporation (FDIC) has issued a discover of proposed rulemaking to increase Bank Secrecy Act (BSA) and financial sanctions compliance requirements to FDIC-supervised Permitted Payment Stablecoin Issuers (PPSIs). The transfer goals to carry digital asset issuers additional inside the compliance structure that…
