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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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theblock.coStai leggendo1 mese fa

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.

originale

cryptobriefing.com1 mese fa

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.

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Timeline cronologica

martedì 9 giugno 2026·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
mercoledì 10 giugno 2026·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.

New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits

NYDFS publishes draft rules for payment stablecoins, comments open until June 22

Timeline cronologica

Coin Center urges regulators to limit AML rules for stablecoin issuers under GENIUS Act

New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits

NYDFS publishes draft rules for payment stablecoins, comments open until June 22