Stablecoin Issuers Face Bank-Style Customer Checks Under…
Why Are U.S. Regulators Tightening Stablecoin Rules? U.S. financial regulators have released a proposed rule that would require stablecoin issuers to verify customer identities, bringing issuers closer to the compliance standards already applied to banks, brokerages, and other regulated financial firms. The proposal was issued by the Federal Reserve, Treasury Department, Office of the Comptroller
