CoinWorld reports that the U.S. Federal Deposit Insurance Corporation (FDIC) has proposed a new regulation draft to regulate stablecoin issuers within its supervisory scope in accordance with the GENIUS Act, covering requirements related to reserves, redemption, capital, risk management, and custody. The FDIC states that related reserve deposits will be protected by insurance, but this protection does not directly cover stablecoin holders. At the same time, the regulatory agency has solicited public comments on the details of the rules, with a comment period of 60 days. This proposal is a further step in implementing the GENIUS Act, and the relevant regulatory framework is expected to be gradually improved.

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