The Fed is set to establish regulations for stablecoins, Bowman reveals new regulatory direction.

[Coin World] A recent revelation by Federal Reserve Board of Governors member Bowman has provided important information — the regulators are working on the game rules for stablecoins. What's the focus this time? It's about ensuring that traditional banks, fintech companies, and encryption enterprises are on the same starting line, so that no one takes advantage while others suffer losses. Even more critically, they will tailor a regulatory framework for stablecoin issuers according to the “Genius Act”. It seems that the attitude towards stablecoins in the U.S. is becoming increasingly clear; it’s not about suppression, but rather about standardized management. For the entire encryption industry, having clear rules is always better than a gray area, at least everyone knows where the boundaries are.