Fed’s Stablecoin Proposal Sets Capital Charges and Presumes Some Yield Deals Are Prohibited

Unchained (Laura Shin)

(10:22 AM UTC)

1 min read

The Federal Reserve’s GENIUS Act proposals would set reserve and capital rules for the stablecoin issuers it supervises and an application process for banks that want to issue them, as Governor Michael Barr questioned an anti-money laundering standard.

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Unchained (Laura Shin) · Unchained

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