- The FDIC approves a framework for bank-issued stablecoins.
- GENIUS Act represents first federal law for stablecoin regulation.
- The financial community anticipates regulatory impact.
The FDIC approved a proposed rule on December 17 to establish an application process for banks to issue stablecoins through subsidiaries, beginning a 60-day public comment period.
This rule, initiated under the GENIUS Act, represents a pivotal step in U.S. regulatory framework for bank-issued stablecoins, potentially influencing future digital asset management and financial stability.
FDIC Approves Rule; Banks Can Issue Stablecoins Via Subsidiaries
The Federal Deposit Insurance Corporation (FDIC) has officially approved a rule to establish an application process for banks to issue stablecoins. This is part of the GENIUS Act, implementing the first federal framework for such financial instruments.
This rule represents the first action following the GENIUS Act’s passage in 2025, marking a notable shift in how banks can integrate digital currency issuance. The application process is aimed specifically at FDIC-supervised institutions.
There are no public statements from FDIC leaders, with the official announcement focusing purely on procedural elements. The financial community awaits insights into how this regulatory shift will shape the broader cryptocurrency ecosystem.
GENIUS Act: A New Era for U.S. Financial Innovation
Did you know? The GENIUS Act, signed into law in 2025, represents the first federal regulatory framework for bank-issued stablecoins, setting a precedent for future financial innovation in the U.S.
According to CoinMarketCap, Ethereum is currently valued at $2,945.89 with a market cap of $355.55 billion, reflecting a 1.19% price decrease over the past 24 hours. The 90-day period shows a significant decline of 34.34%. Trading volume registers at $26.87 billion.
Insights from the Coincu research team suggest the GENIUS Act’s approval will likely prompt significant regulatory review and investment in stablecoin technology. “The focus may shift towards developing secure, compliance-based solutions within the banking sector.”
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
No tags available.
Other Posts
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- Circle Mints $500 Million USDC on Solana Blockchain
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- Michael Saylor Denies Bitcoin Sell-Off Amid Large BTC Transfer
- GMGN Completes Compensation for MEV-Affected Users
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- U.S. House Passes Temporary Funding Bill for Continued Operations
- DeXe Protocol Begins Trading on Aster Platform
- Federal Reserve Reaffirms Neutral Stance on Cryptocurrencies
- Balancer Hacks: 2,000 ETH Laundered via Tornado Cash
- MetaMask Teams Up with Polymarket for Prediction Markets
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- Circle Mints $500 Million USDC on Solana Blockchain
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- Michael Saylor Denies Bitcoin Sell-Off Amid Large BTC Transfer
- GMGN Completes Compensation for MEV-Affected Users
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- U.S. House Passes Temporary Funding Bill for Continued Operations
- DeXe Protocol Begins Trading on Aster Platform
- Federal Reserve Reaffirms Neutral Stance on Cryptocurrencies
- Balancer Hacks: 2,000 ETH Laundered via Tornado Cash
- MetaMask Teams Up with Polymarket for Prediction Markets
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- Circle Mints $500 Million USDC on Solana Blockchain
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- Michael Saylor Denies Bitcoin Sell-Off Amid Large BTC Transfer
- GMGN Completes Compensation for MEV-Affected Users
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- U.S. House Passes Temporary Funding Bill for Continued Operations
- DeXe Protocol Begins Trading on Aster Platform
- Federal Reserve Reaffirms Neutral Stance on Cryptocurrencies
- Balancer Hacks: 2,000 ETH Laundered via Tornado Cash
- MetaMask Teams Up with Polymarket for Prediction Markets
Latest
Press Release
Paxful Announces Resolution of DOJ Investigation Concerning Historic Conduct
Independent audit verifies gold reserves backing Kyrgyzstan’s USDKG stablecoin
