✉news BusinessBanking first seen 10 h ago, last 9 h ago, peak #34

Federal Reserve Opens Comment Period on GENIUS Act Stablecoin Rules

Original: Federal Reserve Seeks Comment on GENIUS Act Stablecoin Rules

The Federal Reserve is seeking public comment on proposed rules implementing the GENIUS Act, the US framework for payment stablecoins. The request opens a consultation process that will shape how banks and issuers regulate stablecoin activities, drawing attention from the crypto industry and traditional banking sector alike.

Why now: Stablecoin regulation is a live issue for US banks and crypto firms, so the Fed's move draws attention.

Federal ReserveGENIUS Actstablecoins

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• Federal Reserve Seeks Comment on GENIUS Act Stablecoin Rules · tokenpost.com

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