The FDIC has proposed new rules under the GENIUS Act to regulate stablecoin issuers in the US. The framework mandates full asset backing, audits, and stricter compliance standards. The move aims to improve trust and stability in the sector as institutions increasingly explore crypto-linked financial products.The FDIC has proposed new rules under the GENIUS Act to regulate stablecoin issuers in the US. The framework mandates full asset backing, audits, and stricter compliance standards. The move aims to improve trust and stability in the sector as institutions increasingly explore crypto-linked financial products.
