The Federal Reserve Board is requesting public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act.
The proposals were released by the Board of Governors of the Federal Reserve System. They concern payment stablecoin issuers that are supervised by the Board.
The Board is inviting members of the public to submit comments on both proposals as part of the process of setting up the framework.
The Federal Reserve Board is based at 20th Street and Constitution Avenue NW, Washington DC.