US credit union regulator proposes stablecoin licensing path

The US National Credit Union Administration proposed a federal licensing regime for payment stablecoin issuers operating through credit union subsidiaries.
Source: US credit union regulator proposes stablecoin licensing path (https://cointelegraph.com/news/ncua-proposal-outlines-licensing-rules-stablecoin-issuers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)