FDIC Moves Ahead with Proposal to Establish GENIUS Act Guidelines

The Federal Deposit Insurance Corporation (FDIC) has approved a new proposed rule to implement key parts of the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The move sets a clear regulatory base for stablecoin issuers under FDIC oversight. The rule targets banks and institutions that plan to issue payment stablecoins through […] Read The Full Article FDIC Moves Ahead with Proposal to Establish GENIUS Act Guidelines On Coin Edition.