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Fed Proposes Customer ID Rules for Stablecoin Issuers

2026-06-19 19:40:37

The Federal Reserve proposed customer ID rules for payment stablecoin issuers and opened a 60-day public feedback period. The proposal would require issuers to collect identity details before opening an account. Direct redemption by secondary-market holders would trigger the customer identification rules. Final CIP rules are not expected before 2027, so the statute could take effect before the customer identification architecture is fully in place.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

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