US credit union regulator proposes stablecoin licensing path

The US National Credit Union Association moves to define a federal licensing regime for payment stablecoins from credit union subsidiaries, with standards to follow. source: https://cointelegraph.com/news/ncua-proposal-outlines-licensing-rules-stablecoin-issuers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound