The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins ...

Trust in stablecoin has to be earned the same way as traditional finance: operational, cybersecurity, and compliance systems ...

Sen. Marjorie Taylor Greene (R-Ga.) has reignited her criticism of the Government-Enhanced National Infrastructure for ...

A regulatory attorney told Decrypt that Greene’s claims about a CBDC loophole do not ‘have a real legal basis.’ ...

The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start ...

Rep. Steil urges regulators to fast-track GENIUS Act rules as the July rulemaking deadline approaches amid rising concerns over delays ...

Acting FDIC Chairman Travis Hill stated that the agency will propose its regulations under the new GENIUS Act before December ends.

FDIC proposes framework allowing U.S. banks to issue stablecoins under the GENIUS Act, with reserve oversight, and a public feedback process.

The FDIC has released a proposed framework detailing how banks could apply to issue payment stablecoins under the GENIUS Act, ...

Ripple’s USD-backed stablecoin, RLUSD, has hit a $1.26 billion market cap in less than a year. That makes it the ...