The post FDIC Stablecoin Meeting April 7: GENIUS Act and CLARITY Act Are Moving This Month appeared first on Coinpedia Fintech News
The FDIC just called a board meeting for April 7 with less than seven days notice. The agenda: finalizing how U.S. banks can issue stablecoins under the GENIUS Act. The FDIC board will consider a proposed rulemaking specifically covering GENIUS Act requirements for FDIC-supervised permitted payment stablecoin issuers – the legal mechanism that determines how …