The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrec…

The proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits.

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

The proposed rulemaking establishes how U.S. crypto companies will have to screen stablecoin customers after the passage of the GENIUS Act.

Bitcoin Magazine Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules The Federal Reserve proposed requiring stablecoin issuers to ve…

Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products.

Altcoin spot demand fell to its weakest level in six years while the stablecoin market cap, stocks and AI industry continued to capture investors’ attention.

Stablecoin infrastructure firm Trace Finance said Wednesday that it raised a $32 million Series A round to help expand its reach.

The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking…

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State particip…

The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins.