Fed Proposes New Guidelines for Backing Stablecoins With Reserves
WHO:
Techmeme - The Federal Reserve is involved in the proposal for stablecoin issuers.
Bloomberg - The Federal Reserve is the regulatory body unveiling the proposals.
WHAT:
Cointelegraph - The Fed’s proposal would set capital requirements, a two-day redemption window, and new reserve disclosures as regulators implement the GENIUS Act.
Techmeme - The Federal Reserve unveiled proposals requiring some stablecoin issuers to fully back tokens with permissible reserve assets.
Bloomberg - The proposals include backing stablecoins with assets such as short-term Treasury bills.
WHERE:
Techmeme - The proposals are issued by the Federal Reserve, which is based in the United States.
WHEN:
Techmeme - The proposals were unveiled on a Thursday.
WHY:
Bloomberg - The proposals are part of regulators' efforts to move ahead with crypto rulemaking.
HOW:
Techmeme - The method involves requiring stablecoin issuers to back their tokens with specific reserve assets.
(UPDATED September 24, 2026 23:58 UTC)
The Federal Reserve has proposed new capital requirements, a two-day redemption window, and updated reserve disclosures as part of the implementation of the GENIUS Act. This move aims to enhance regulatory oversight in the financial sector. The details of the proposal were reported by Cointelegraph just before midnight UTC.
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(UPDATED September 24, 2026 21:00 UTC)
The Federal Reserve has unveiled proposals requiring some stablecoin issuers to fully back their tokens with permissible reserve assets, such as short-term Treasury bills. This initiative is part of regulators' ongoing efforts to advance crypto rulemaking in the United States. The proposals were announced on a Thursday, marking a significant step in the regulation of digital currencies.