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Fed Proposes Payment Stablecoin Issuer Identification Program (opens original article in a new tab)

TL;DR

The Federal Reserve proposed requiring payment stablecoin issuers to maintain customer identification programs to curb illicit activities, part of US regulators' efforts to embrace digital assets.

  • Federal Reserve proposed requiring payment stablecoin issuers to maintain customer identification programs
  • Program aims to curb illicit activities
  • Part of US regulators' efforts to embrace digital assets

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