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Web3 & Blockchain

Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins

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Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins

Covered issuers would generally have two business days to redeem tokens, while bank applications would follow the GENIUS Act's 120-day decision clock.

Covered issuers would generally have two business days to redeem tokens, while bank applications would follow the GENIUS Act's 120-day decision clock.

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