What happened?
The U.S. Federal Reserve proposed rules to implement last year’s GENIUS Act. Those rules include regulations governing stablecoin yield programs in the United States, according to the report.
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The proposal includes regulations governing stablecoin yield programs.
Date
Topics
Read more
Latest news with the same topics
Photo by Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says
The account describes USDT as Tether’s stablecoin and attributes the assessment to a new Senate investigation.
Read the brief
Photo by Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
The cited Senate panel is the Permanent Subcommittee on Intelligence.
Read the brief
Photo by RedotPay completes financial audit as it presses ahead with U.S. IPO plans
RedotPay disputed an August report that its U.S. listing had been put on hold.
Read the brief