Crypto Regulation News: FDIC to Release Stablecoin Rules Under GENIUS Act This Week

The U. S. Federal Deposit Insurance Corporation (FDIC) is preparing for a major step in regulating stablecoins. Acting Chair Travis Hill announced that the agency plans to release its proposed framework for the GENIUS Act later this month. This move will establish how stablecoin issuers are licensed and supervised across the country. What the GENIUS Act … source: https://coinpedia.org/news/crypto-regulation-news-fdic-to-release-stablecoin-rules-under-genius-act-this-week/