{"id":92289,"date":"2025-12-16T21:00:20","date_gmt":"2025-12-16T18:00:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92289"},"modified":"2025-12-16T21:05:12","modified_gmt":"2025-12-16T18:05:12","slug":"fdic-unveils-initial-stablecoin-regulations-under-genius-act","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fdic-unveils-initial-stablecoin-regulations-under-genius-act\/","title":{"rendered":"FDIC Unveils Initial Stablecoin Regulations Under GENIUS Act"},"content":{"rendered":"<p>The U.S. Federal Deposit Insurance Corporation (FDIC) has <a href=\"https:\/\/www.fdic.gov\/news\/press-releases\/2025\/fdic-approves-proposal-establish-genius-act-application-procedures-fdic\">released<\/a> its first draft of rules governing the application process for issuing stablecoins.<\/p>\n<p>This initiative is part of the GENIUS Act. The FDIC plans to review public comments for 60 days following the publication.<\/p>\n<p>The proposal will affect depository institutions seeking to create subsidiaries for issuing dollar-backed tokens.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe FDIC will implement a specialized application procedure to assess the safety and soundness of the applicant&#8217;s proposed activities based on statutory factors, while minimizing regulatory burden,\u201d stated the acting chairman of the federal agency, Travis Hill.<\/p>\n<\/blockquote>\n<p>Under the proposed application procedure, interested institutions will be required to submit letters to the agency detailing their activities, including financial information and asset backing plans.<\/p>\n<p>According to Hill, another more comprehensive rule will be introduced in the coming months, setting requirements for capital, liquidity, and risk management for stablecoin issuers.<\/p>\n<p>U.S. President Donald Trump <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-enacts-stablecoin-legislation\">signed<\/a> the GENIUS Act in July. It aims to establish a legal framework for stablecoins in the country.<\/p>\n<p>In December, new regulations enabled the <span data-descr=\"U.S. Commodity Futures Trading Commission\" class=\"old_tooltip\">CFTC<\/span> to <a href=\"https:\/\/forklog.com\/en\/news\/cftc-approves-bitcoin-and-usdc-as-collateral\">launch<\/a> a pilot program using digital assets as collateral in derivatives markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Federal Deposit Insurance Corporation (FDIC) has released its first draft of rules governing the application process for issuing stablecoins.<\/p>\n","protected":false},"author":1,"featured_media":92290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"FDIC releases draft rules for stablecoin applications under GENIUS Act.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1725,36,807,26],"class_list":["post-92289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fdic","tag-regulation","tag-stablecoins","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"138","promo_type":"1","layout_type":"1","short_excerpt":"FDIC releases draft rules for stablecoin applications under GENIUS Act.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92289"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92289\/revisions"}],"predecessor-version":[{"id":92291,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92289\/revisions\/92291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92290"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}