US Federal Deposit Insurance Corporation Chairman Travis Hill has confirmed that his agency will propose a new application framework for stablecoin issuers later this month. Through a written testimony to be delivered before the House Financial Services Committee on Dec.…
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Editor’s Analysis
US FDIC set to unveil its first GENIUS Act stablecoin guidelines this month continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit: Rony Roy
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