On February 6, the FDIC announced a 90-day extension of the comment period for an NPRM, which would establish application procedures under the GENIUS Act for FDIC-supervised state nonmember banks and state savings associations seeking to issue payment stablecoins through subsidiaries….
By: Orrick, Herrington & Sutcliffe LLP
By: Orrick, Herrington & Sutcliffe LLP
