FDIC proposed rule would apply bank secrecy regs on stablecoin issuers


USDC exchange. Coins with US dollar symbol and USDC. Exchange fiat currencies for stablecoin. USDC is stable digital currency. Coin stablecoin isolated on white background. 3d rendering.

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  • A proposed rule from the FDIC would impose regulations under the Bank Secrecy Act and compliance standards on agency-supervised permitted payment stablecoin issuers (PPSIs).
  • Circle Internet Group (CRCL), Coinbase (COIN), and PayPal Holdings (PYPL) are



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