FDIC Moves to Treat Stablecoins Like Banks Under New Rule

The Federal Deposit Insurance Corporation (FDIC) has moved to tighten oversight of stablecoins, signaling a clear shift in how these digital assets will operate in the United States. On April 7, the FDIC approved a proposal to implement key provisions of the GENIUS Act. The rule would set standards for stablecoin issuers under its supervision,
The post FDIC Moves to Treat Stablecoins Like Banks Under New Rule appeared first on BeInCrypto....