FDIC Seeks Comment on Reporting Forms for Bank-Issued Stablecoin Issuers
The FDIC is inviting public comment on new weekly and quarterly reporting forms that would be required of FDIC-supervised banks permitted to issue payment stablecoins, tied to a proposed rulemaking and a new OMB control number. Compliance officers at banks considering stablecoin issuance should track these reporting obligations closely, as they signal what ongoing supervisory data the FDAC will expect. This is an early opportunity to shape the final reporting burden before rules are finalized.
What to do
- Review the proposed reporting forms and instructions and submit a comment letter to the FDIC before the comment deadline, flagging any operational or data-collection burdens your institution would face.
Who this affects
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Source
Read the official publicationThis radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.