US regulators push user ID requirements for stablecoin issuers akin to regulated banks
The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.
US regulators push user ID requirements for stablecoin issuers akin to regulated banks
Overview
The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.
Source
Originally published at cointelegraph.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
