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Fed proposes rules to implement GENIUS Act for stablecoins

2 sources · first seen 03:58 25 Sept · updated 12:43 25 Sept

The brief

Written from 2 reports · check the source before you trade
  • The Fed proposed rules to implement last year's GENIUS Act
  • Proposed rules include those governing stablecoin yield programs
  • The framework would apply to dollar-backed stablecoin issuers

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Read the reports

2 reports · earliest 03:58
CoinDeskU.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins03:58Economic TimesUS Market: Fed proposes new rules for stablecoin issuers under GENIUS Act12:43