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 is requesting public comment on two proposals to establish a regulatory framework for payment stablecoin issuers supervised by the Board under the GENIUS Act. The proposals aim to set standards for these issuers, inviting input from the public and stakeholders to shape the regulatory environment for stablecoin payments.