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Fed Proposes Payment Stablecoin Issuer Identification Program

Fed Proposes Payment Stablecoin Issuer Identification Program
Bloomberg Markets Thursday 18 June 2026, 13:48 UTC By Katanga Johnson 1 min read
Key Points

Fed Proposes Payment Stablecoin Issuer Identification Program The Federal Reserve proposed requiring payment stablecoin issuers to maintain an effective customer identification program designed to curb illicit activities, the latest step from US regulators embracing digital assets. The plan would introduce requirements for some stablecoin issuers that are comparable to customer identification program requirements for banks and credit unions, the Fed said in a statement on Thursday.

Fed Proposes Payment Stablecoin Issuer Identification Program The Federal Reserve proposed requiring payment stablecoin issuers to maintain an effective customer identification program designed to curb illicit activities, the latest step from US regulators embracing digital assets. The plan would introduce requirements for some stablecoin issuers that are comparable to customer identification program requirements for banks and credit unions, the Fed said in a statement on Thursday.
Fed (ORG) The Federal Reserve (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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