Fed Proposes Tougher Stablecoin Rules as US Payment Framework Takes Shape

The Federal Reserve proposed new stablecoin rules on Thursday as U.S. regulators continue building a federal framework for digital payments. Under the plan, payment stablecoin issuers would need enough approved reserves to cover their tokens in full. The rules would also bring in capital requirements and set conditions for banks holding reserves for stablecoin companies. […] Read The Full Article Fed Proposes Tougher Stablecoin Rules as US Paym…