✉news BusinessBanking first seen 3 h ago, last 53 min ago, peak #19
Fed Proposes New Rules for Stablecoins
Original: Fed proposes stablecoin rules
The US Federal Reserve has put forward a set of proposed rules governing stablecoins, the dollar-pegged digital tokens widely used in crypto markets. The proposal would set out requirements for banks and other institutions dealing with stablecoins, covering issues such as reserves, risk management and supervision. Details of the draft rules remain limited, and the measure is expected to go through a comment period before any final adoption.
Why now: Regulators are moving to formalise oversight of stablecoins as their use in payments and crypto markets grows.
Evidence
- Fed proposes stablecoin rules · Payments Dive
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