FDIC Proposes New Compliance Standards for Stablecoin Issuers

2026-05-23 11:23

The Federal Deposit Insurance Corporation (FDIC) has proposed new regulations to establish Bank Secrecy Act (BSA) and sanctions compliance standards for stablecoin issuers under its supervision. The proposal mandates that issuers adhere to anti-money laundering, counter-terrorism financing, economic sanctions, and reporting requirements, in line with guidelines from the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). A 60-day public comment period will commence following the proposal's publication in the Federal Register.

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