U.S. FDIC Acting Chair to Propose Stablecoin Regulatory Framework by December

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Derived from MetaEra, on December 2, 2025, the U.S. Federal Deposit Insurance Corporation (FDIC) acting chair Travis Hill announced plans to propose the first implementation rules for the GENIUS Act before the end of December, establishing a regulatory framework for stablecoin issuer applications. Hill stated that FDIC has begun drafting rules to implement the GENIUS Act and intends to propose prudential requirements for payment stablecoin issuers under FDIC supervision in early 2026. The agency is also developing guidelines on the regulatory status of tokenized deposits based on recommendations from the President's digital asset market working group.

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