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Fed Moves to Tighten Stablecoin Rules With Two New GENIUS Act Proposals

CE
CryptoPotato Editorial
(03:55 AM UTC)
1 min read
EW
Reviewed byEmily Watson

Public comments on the Fed's two stablecoin proposals will remain open for 60 days after publication in the Federal Register.

The Federal Reserve has proposed two rules to help establish oversight for stablecoin issuers under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.

The proposals were…

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