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Federal Reserve Proposes GENIUS Act Rules For Stablecoin Issuers

CoinCentral·September 25, 2026·1 min read
Federal Reserve Proposes GENIUS Act Rules For Stablecoin Issuers

The Federal Reserve proposed two rules on Thursday to implement the GENIUS Act. One sets capital and reserve requirements for stablecoin issuers; the other creates an application process for banks wanting to issue stablecoins. Fed Governor Michael Barr supported the plan but wants stronger anti-money laundering standards.

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