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U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

CS
CoinDesk Staff
(10:28 PM UTC)
1 min read
JM
Reviewed byJames Mitchell
The U.S. Federal Reserve pitched its main GENIUS Act proposals for the regulation of stablecoin issuers. (Jesse Hamilton/CoinDesk)

Summary

  • The U.S. Federal Reserve has made two wide-ranging proposals to implement the bulk of its requirements under the GENIUS Act, joining other federal agencies that are still in the middle of the process to finish stablecoin regulations.
  • One piece of the Fed…

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CoinDesk Staff · CoinDesk

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