U.S. regulators propose bank style customer ID rules for stablecoin issuersU.S. regulators propose bank style customer ID rules for stablecoin issuersU.S. regulators propose bank style customer ID rules for stablecoin issuers
U.S. regulators have proposed requiring certain payment stablecoin issuers to verify customer identities under a new rule issued as part of the GENIUS Act framework. The Federal Reserve Board said Thursday that it is seeking public comment on a joint…