FDIC Approves Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins

FDIC Moves GENIUS Act From Law to Practice With Stablecoin Rules - Invest In Crypto News

The Federal Deposit Insurance Corporation has issued its first official proposal outlining how banks can obtain approval to issue payment stablecoins, marking the GENIUS Act’s regulatory framework moving from statute to execution. FDIC Opens Door for Bank Stablecoins With New Approval Framework The FDIC’s notice of proposed rulemaking, approved by the agency’s board on December […] Source link The post FDIC Moves GENIUS Act From Law to Practice …

FDIC Opens The Door For Bank-Issued Stablecoins Under The GENIUS Act

For many years, stablecoins have played an important role in the crypto economy while remaining largely outside the traditional banking system. They are widely used for trading, payments, and moving money across borders, yet most are issued by private crypto companies rather than regulated banks. That situation is now starting to change. The Federal Deposit Insurance Corporation has begun formal rulemaking that explains how insured US banks can …

FDIC Moves to Formalize How Banks Can Issue Stablecoins Under GENIUS Act

FDIC proposes a formal approval process for banks seeking to issue payment stablecoins. Only FDIC-supervised banks can issue stablecoins through approved subsidiaries. Rules focus on safety, full reserves, and strict redemption requirements. U.S. regulators are tightening the rules around who gets to issue stablecoins, and how. On December 16, the Federal Deposit Insurance Corporation approved a proposed rule that explains how banks must apply t…

FDIC Clears Path for Bank-Issued Stablecoins Under GENIUS Act

This article was first published on Deythere. The United States is on the cusp of a change in digital finance as regulators move forward with allowing banks to issue payment stablecoins under the recently passed GENIUS Act.  Just recently, the Federal Deposit Insurance Corporation (FDIC), approved a Notice of Proposed Rule detailing the application procedures and criteria for FDIC-supervised banks and their subsidiaries to become Permitted Payme…

FDIC Approves Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins

FDIC Approves Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would implement the…

FDIC Opens Path for Banks to Issue Stablecoins Under GENIUS Act

The Federal Deposit Insurance Corporation (FDIC) took a landmark step toward integrating digital assets into the traditional financial system on Tuesday, December 16, 2025. The board unanimously approved a notice of proposed rulemaking that establishes the specific application procedures for insured depository institutions—state nonmember banks and savings associations—to seek approval for issuing payment stablecoins through specialized, ring-fe…