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🔥 Fed Board Seeks Public Comment on Proposal Requiring Customer Identification for Some Payment Stablecoin Issuers
The Federal Reserve Board has requested public comment on a proposal that would require certain payment stablecoin issuers to establish and maintain effective customer identification programs (CIP) to curb illicit activities. This is seen as a significant move by U.S. regulators towards embracing digital assets.
#cryptonews #Bitcoin #Stablecoins #USFederalCourt #FederalReserve $BTC
📰 Today's News
🔥 Fed Board Seeks Public Comment on Proposal Requiring Customer Identification for Some Payment Stablecoin Issuers
The Federal Reserve Board has requested public comment on a proposal that would require certain payment stablecoin issuers to establish and maintain effective customer identification programs (CIP) to curb illicit activities. This is seen as a significant move by U.S. regulators towards embracing digital assets.
#cryptonews #Bitcoin #Stablecoins #USFederalCourt #FederalReserve $BTC
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