United States of America: Federal Deposit Insurance Corporation closes consultation on approval requirements for issuance of payment stablecoins by subsidiaries of insured depository institutions
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body