The US FDIC plans to publish draft rules that will detail how stablecoin issuers apply for federal oversight under the GENIUS Act. This is expected to be released before the end of the month. FDIC Prepares First Proposal for Stablecoin Issuers According to FDIC acting Chairman Travis Hil, the agency will deliver its first proposal

The post Breaking: U.S. FDIC to Release First Stablecoin Guidelines Under GENIUS Act this Month appeared first on CoinGape.

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