Fed Seeks Public Comment on Stablecoin Issuer Oversight Under GENIUS Act
- —Fed opened public comment on two proposals covering oversight of payment stablecoin issuers
- —Scope covers issuers supervised by the Federal Reserve Board
- —Framework is being built under the GENIUS Act
Why it matters: The Fed is shaping US stablecoin issuance rules, which will set compliance requirements for issuers and affect stablecoin availability across the market.
Source: Bitcoin Sistemi