Author: Rinat Mirzaitov

The U.S. Federal Deposit Insurance Corporation has proposed a new regulatory framework governing how FDIC-supervised banks can issue payment stablecoins through subsidiaries. The proposal sets out approval requirements under the recently enacted GENIUS Act and signals a more formal federal approach to stablecoin issuance by banks. The notice of proposed rulemaking, published in the Federal Register, focuses on insured state nonmember banks and state savings associations that want to issue payment stablecoins via a dedicated subsidiary. Under the GENIUS Act, such subsidiaries become permitted payment stablecoin issuers once approved by their primary federal regulator, in this case the FDIC. The…

Europe fintech sector is entering a phase of regulated innovation, where AI, instant payments, and digital currencies expand under stricter rules like DORA, PSD3, and MiCA.

Drawing on experience in software engineering, blockchain and government transparency, the author explains how aggregated digital euro data could support better policymaking.