As reported by BitcoinWorld, the Federal Deposit Insurance Corporation (FDIC) is set to release its first draft of proposed stablecoin rules under the GENIUS Act before the end of the month. The draft will outline application requirements for stablecoin issuers, with prudential standards—including capital and liquidity requirements—expected to be published early next year. The move marks a significant step toward federal oversight of dollar-pegged digital currencies, aiming to enhance consumer protection, market legitimacy, and financial stability. Existing stablecoin issuers will need to adapt to new compliance standards, while the interaction between federal and state-level regulations remains a key challenge.
FDIC to Release Draft Stablecoin Rules Under GENIUS Act This Month
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