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News/Federal Reserve Unveils Stablecoin Rules on Reserves and Capital

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Federal Reserve Unveils Stablecoin Rules on Reserves and Capital

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2 weeks ago·Neutral·Law and Order

The central bank opened two proposals for comment under the GENIUS Act, requiring issuers it supervises to back tokens fully with safe assets and creating an application process for banks seeking to issue stablecoins.

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cryptonewslaw and order

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