CryptoBearishCrypto Briefing · 4h ago7/10
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Federal Reserve proposes new stablecoin rules requiring customer screening under GENIUS Act
The Federal Reserve has proposed new stablecoin regulations under the GENIUS Act that would require customer screening and compliance measures for stablecoin issuers. These rules could consolidate the market around US-regulated entities, potentially limiting global access to stablecoins while strengthening the dollar's dominance in digital asset markets.
