United States of America: Approval requirements for issuance of payment stablecoins by subsidiaries of insured depository institutions supervised by Federal Deposit Insurance Corporation
Progress
Current status
in consultation
18 May 2026 processing consultation
19 Dec 2025 in consultation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Federal Deposit Insurance Corporation closes consultation on approval requirements for issuance of payment stablecoins by subsidiaries of insured depository institutions
On 18 May 2026, the Federal Deposit Insurance Corporation (FDIC) closes the consultation on the approval requirements for the issuance of payment stablecoins by subsidiaries of insured depository institutions. The proposed rule applies to insured St…
SourceEvent type
order
Action type
consultation closed
Government branch
executive
Government body
other regulatory body
Federal Deposit Insurance Corporation opened consultation on approval requirements for issuance of payment stablecoins by subsidiaries of insured depository institutions
On 19 December 2025, the Federal Deposit Insurance Corporation (FDIC) opened a consultation on the approval requirements for the issuance of payment stablecoins by subsidiaries of insured depository institutions until 18 May 2026. The proposed rule …
SourceEvent type
order
Action type
consultation opened
Government branch
executive
Government body
other regulatory body