Federal Reserve Proposes Rules to Implement GENIUS Act Stablecoin Regulations

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The U.S. Federal Reserve has put forward proposed regulations aimed at implementing the GENIUS Act, a stablecoin legislation passed last year. The proposals outline a regulatory framework governing how stablecoins would operate under federal oversight. Among the key areas addressed are rules around stablecoin yield programs. The move marks a significant step toward establishing formal federal guidelines for the stablecoin industry.

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