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💵 The #FDIC approved its second #GENIUS Act rulemaking, setting prudential standards — reserves, capital, redemption rules and risk management — for banks issuing or holding payment stablecoins.
The agency also confirmed stablecoin holders won't receive pass-through deposit insurance. 60-day comment period opens upon Federal Register publication, with a July 18 regulatory deadline looming.
#Stablecoins #GENIUSAct #CryptoRegulation
frontierbeat.com/2026/04/07/fdi…
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