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The FDIC Proposes Application Procedures for Banks to Issue Stablecoins Through Subsidiaries

The FDIC Proposes Application Procedures for Banks to Issue Stablecoins Through Subsidiaries

2025-12-17 01:03

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ChainThink News, December 17: The U.S. Federal Deposit Insurance Corporation (FDIC) has today approved a proposed rule establishing an application process for banks to issue stablecoins through subsidiaries, opening a 60-day public comment period. This marks the first formal rulemaking proposal following the passage of the "GENIUS Act" – the American Stablecoin Innovation Act.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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