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Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program (opens in new tab)

Covered by 3 sources including Gizmodo, coindesk.com

Covered in 3 articles

Federal Regulators Want Stablecoins to Keep Working Without ID Checks

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

Federal Agencies Propose Identity Verification Rule for Stablecoin Issuers