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The Fed unveils stablecoin proposals, including requiring some issuers to fully back tokens with permissible reserve assets, such as short-term Treasury bills (Megan Howard/Bloomberg)
The Federal Reserve proposed new regulatory requirements for stablecoin issuers, mandating full backing with permissible reserve assets like short-term Treasury bills — marking a significant escalation in U.S. federal oversight of crypto-adjacent financial infrastructure.
Sep 25, 2026
Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act
The Federal Reserve Board issued a formal request for public comment on two draft regulatory proposals to govern payment stablecoin issuers under the newly enacted GENIUS Act, initiating the rulemaking process for federal oversight of this financial technology.
Sep 25, 2026
Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
The Federal Reserve proposed a rule requiring some payment stablecoin issuers to implement customer identification programs, opening a public comment period to gather feedback before potential adoption.
Published Jun 18, 2026 · Analyzed Jul 6, 2026