Based on BitcoinWorld, Federal Reserve Governor Michelle Bowman has confirmed that U.S. banking regulators are actively developing a comprehensive stablecoin framework. This marks a pivotal step toward formal oversight of dollar-pegged cryptocurrencies, addressing years of regulatory uncertainty. The framework aims to establish clear rules for stablecoin issuance, reserves, transparency, and consumer protection, with the goal of balancing innovation and financial stability. Regulators are working across agencies to draft rules, seek public feedback, and potentially secure legislative support. The process is expected to take months or years before implementation.
Fed Governor Confirms Stablecoin Regulatory Framework in Development
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