Megan Howard / Bloomberg:

The Fed unveils stablecoin proposals, including requiring some issuers to fully back tokens with permissible reserve assets, such as short-term Treasury bills  —  The Federal Reserve unveiled proposals for stablecoin issuers on Thursday, the latest step from regulators moving ahead with crypto rulemaking.

Megan Howard / Bloomberg:

The Fed unveils stablecoin proposals, including requiring some issuers to fully back tokens with permissible reserve assets, such as short-term Treasury bills  —  The Federal Reserve unveiled proposals for stablecoin issuers on Thursday, the latest step from regulators moving ahead with crypto rulemaking.

Source: TechMeme
Source Link: https://www.techmeme.com/260924/p43#a260924p43