US Treasury Seeks Industry Input as Stablecoin Regulation Enters Federal Rulemaking Phase
Treasury Invites Public Feedback on Framework Bridging State and Federal StablecoinIt creates a federal framework while allowing compliant state-regulated issuers to operate.States can regulate smaller issuers if their rules are substantially similar to federal standards.The Federal Reserve, FDIC, NCUA, and OCC share federal oversight responsibilities.Feedback will shape final rules that directly impact market structure and investor confidence.
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