Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers

As crypto regulations continue to take shape in the US, the Federal Deposit Insurance Corporation (FDIC) has issued a notice of proposed rulemaking to extend Bank Secrecy Act (BSA) and economic sanctions compliance standards to FDIC-supervised Permitted Payment Stablecoin Issuers (PPSIs). The move aims to bring digital asset issuers further within the compliance architecture that […]