U.S. banks are moving closer to issuing dollar-backed stablecoins after the Federal Deposit Insurance Corporation (FDIC) ...
The FDIC proposes a framework under the GENIUS Act outlining how banks can apply to issue payment stablecoins through ...
The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start ...
The proposal enters a public consultation period, a mandatory stage before the FDIC can advance to final rulemaking. It marks ...
FDIC proposes framework allowing U.S. banks to issue stablecoins under the GENIUS Act, with reserve oversight, and a public feedback process.
Ripple’s USD-backed stablecoin, RLUSD, has hit a $1.26 billion market cap in less than a year. That makes it the ...
Republican senator warns agencies to hit GENIUS Act deadlines as stablecoin rules take shape.
New CertiK research reveals how the US GENIUS Act is fragmenting global stablecoin liquidity, competing with Europe’s MiCA, ...
Sen. Marjorie Taylor Greene has doubled down on her criticism of the GENIUS Act.
The FDIC has released a proposed framework detailing how banks could apply to issue payment stablecoins under the GENIUS Act, ...
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