Crypto ideas

06/23 17:27

Stablecoin regulation converts issuers into psuedo

#HTXCommunity4thAnniversary #2026 World Cup Posting Challenge on HTX Square #World Cup Predictions: 100,000 USDT Daily Three federal agencies have proposed rules that would make stablecoin issuers operate like banks. The Treasury wants them to run anti-money-laundering and sanctions programs. The Office of the Comptroller of the Currency (OCC) wants a weekly confidential report and a quarterly financial report from each one, and the Federal Deposit Insurance Corporation (FDIC) wants Bank Secrecy Act obligations applied to the issuers it supervises. If adopted, these proposals will turn the issuance of a dollar-pegged token into a job that requires customer screening, transaction monitoring, suspicious activity reporting, reserve disclosures, and a steady stream of data to a primary regulator.

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