Start now →

New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits

By Naga Avan-Nomayo · Published June 10, 2026 · 1 min read · Source: The Block
Stablecoins

The NYDFS has proposed a GENIUS Act-aligned stablecoin rule adding reserve concentration caps and mandatory risk management programs.

This article was originally published on The Block and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

NexaPay — Accept Card Payments, Receive Crypto

No KYC · Instant Settlement · Visa, Mastercard, Apple Pay, Google Pay

Get Started →