The U.S. Federal Reserve says its state member banks need to ask for permission before interacting with stablecoins. The Fed published a regulation letter on Wednesday outlining its new rules on “tokens denominated in national currencies and issued using distributed ledger technology,” otherwise known as stablecoins. “A state member bank seeking to engage in activities The post Fed Reveals New Rules for How US Banks Can Interact With Stablecoins and Crypto Assets appeared first on The Daily Hodl .
