Board of Governors of the Federal Reserve System
06/18/2026 | Press release | Distributed by Public on 06/18/2026 07:21
Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
The Federal Reserve Board on Thursday requested comment on a proposal to require certain payment stablecoin issuers to maintain an effective customer identification program. The proposal would introduce requirements for these stablecoin issuers that are comparable to customer identification program requirements for banks and credit unions. The proposal is being issued jointly with four other agencies.
Comments on the proposal are due 60 days after publication in the Federal Register.
For media inquiries, please email [email protected] or call 202-452-2955.
Board of Governors of the Federal Reserve System published this content on June 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 18, 2026 at 13:21 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]