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Stablecoin Issuance Gets Federal Guardrails Under New Proposal

Stablecoin Issuance Gets Federal Guardrails Under New Proposal

The U.S. National Credit Union Administration (NCUA) has issued its first proposed rules under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, outlining a federal licensing pathway for payment stablecoin issuers affiliated with federally insured credit unions.

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