Federal brief
Application procedures for banks seeking approval to issue payment stablecoins
A September 29 proposed Federal Reserve rule would establish approval procedures for certain state member banks’ payment-stablecoin subsidiaries.
The Board of Governors proposed September 29 regulations for an insured state member bank seeking Board approval for a subsidiary to issue payment stablecoins under the GENIUS Act.
The proposal addresses an approval process for Board-supervised institutions. Use the official Federal Register filing for the proposed requirements and comment deadline.
Federal Register filing: https://www.federalregister.gov/documents/2026/09/29/2026-19899/application-procedures-for-board-supervised-insured-depository-institutions-seeking-approval-for-a
What to read next: /executive/agency/federal-reserve and /federal.
This is a Notice Nearby publisher-desk Federal brief — a short in-house summary of a public federal filing or agency press release. It is not official agency minutes, not a newspaper story, and not Legal Publication. It does not satisfy a statutory notice requirement.
Source: the official public federal record official record · Federal Reserve · Federal Register · Sep 29, 2026 · FR-2026-19899.
This is a Notice Nearby publisher-desk Federal brief — a short in-house summary of a public federal filing. It is not official agency minutes, not a newspaper story, and not Legal Publication. It does not satisfy a statutory notice requirement.