FDIC Issues Notice of Rulemaking for Payment Stablecoins Under the GENIUS Act
The GENIUS Act, signed into law last July, legalized payment stablecoins as issued by regulated financial services firms. This includes traditional banks, with many poised to move into the new form of value transfer and payments. Yesterday, the Federal Deposit Insurance Corporation (FDIC) issued a… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged fdic, stablecoins, the genius act