Deep Tide TechFlow News, June 18 — According to the Federal Reserve's official website, on June 18, the Federal Reserve released a proposal proposing that certain stablecoin issuers establish effective Customer Identification Programs (CIP). The related requirements are generally consistent with current bank and credit union KYC standards. The proposal was jointly issued by the Federal Reserve and four other agencies, and the public can submit comments within 60 days after the proposal is published in the Federal Register.

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BcryptexBTC
· 6h ago
KYC standards keep evolving but clear regulation could strengthen long term trust

Bullish or bearish for crypto
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