The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won’t be allowed from third-party firms. What to know: Stablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal Deposit [...] The post Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief appeared first on Activist Post .
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