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Home›Crypto›Regulation›Fed proposes rules to implement GENIUS Act for stablec…

Fed proposes rules to implement GENIUS Act for stablecoins

The proposal would cover stablecoin yield programs as part of putting last year's GENIUS Act into effect, according to CoinDesk.

Reported · Written up by our desk · Regulation

CoinDesk reports that the U.S. Federal Reserve has proposed rules to implement last year's GENIUS Act for stablecoins.

The proposal includes regulations related to stablecoin yield programs, as the Fed looks to put the law into operational effect.

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Sources

CoinDeskU.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

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