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New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits
The NYDFS has proposed a GENIUS Act-aligned stablecoin rule adding reserve concentration caps and mandatory risk management programs.
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2 prospettive sulla stessa storiaTimeline cronologica
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cryptobriefing.com
Coin Center urges regulators to limit AML rules for stablecoin issuers under GENIUS Act
Coin Center urges Treasury to limit stablecoin AML rules to issuer-customer interactions under the GENIUS Act, opposing surveillance of peer-to-peer
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theblock.co
New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits
The NYDFS has proposed a GENIUS Act-aligned stablecoin rule adding reserve concentration caps and mandatory risk management programs.
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NYDFS publishes draft rules for payment stablecoins, comments open until June 22
NYDFS published draft stablecoin rules aligning with the GENIUS Act, retaining 100% reserve backing and adding custodian limits. Comments due June 22.