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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.

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cryptobriefing.comStai leggendo1 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.

originale

theblock.co1 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.

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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.
mercoledì 10 giugno 2026·cryptobriefing.com
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.