By CARLO BOFFA, EU Correspondent US authorities proposed on Thursday stricter know-your-customer measures for stablecoin issuers, akin to those applied to banks and credit unions. The draft rule requires issuers to keep records of customers’ name, date of birth — or date of formation for an entity — address and identification number. The proposal was…
LATEST: U.S. regulators propose bank-style KYC rules for stablecoin issuers
The exterior of the Federal Reserve building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo









