The rulemaking is part of the central bank's effort to implement legislation passed last year regarding federal stablecoin standards. This movement has prompted industry groups, such as the Crypto Council for Innovation, to urge state-level regulators in New York to align their own stablecoin mandates with the impending federal requirements to ensure regulatory harmony.
Tuesday, October 20, 2026
Story
Fed Proposes Reserve and Application Rules for Stablecoin Issuers
Crypto26 days ago
The Federal Reserve Board is soliciting public feedback on two regulatory frameworks to establish oversight of payment stablecoin issuers to comply with the GENIUS Act. The first proposal focuses on capital requirements and the assets used for reserves, while the second outlines the application process for banks that intend to issue these digital assets.
Looking for more context or analysis?
Tilt chat provides reliable, tailored insights, alerts, and automations.