U.S. Banks Cleared to Issue Stablecoins as FDIC Moves to Implement GENIUS Act
U.S. banks are cleared to issue stablecoins after the FDIC released draft rules under the GENIUS Act outlining how regulated institutions can apply and comply with reserve, audit, and supervisory requirements for payment stablecoin issuance. The post U.S. Banks Cleared to Issue Stablecoins as FDIC Moves to Implement GENIUS Act appeared first on Cryptonews.
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