FDIC board schedules open meeting on stablecoin, AML, and reputation-risk rules

The FDIC Board approved a new package of regulatory actions on April 7, 2026, including a proposed rule on stablecoins, a separate proposal on anti-money laundering and countering the financing of terrorism, and a final rule prohibiting the use of reputation risk by regulators.

The agency said the stablecoin proposal would implement GENIUS Act requirements and standards for FDIC-supervised permitted payment stablecoin issuers and insured depository institutions. It would also cover reserves held at insured banks for payment stablecoins and tokenized deposits.

According to the FDIC, the proposal would require identifiable reserve assets and would set capital and risk-management standards tailored to a payment stablecoin issuer’s size, complexity and risk profile. The agency said comments would be accepted for 60 days after the proposal is published in the Federal Register.

The board also approved a notice of proposed rulemaking on AML/CFT programs. In a separate action, it approved a final rule that bars regulators from using reputation risk in supervision.

The package marks one of the clearest signals yet of how U.S. banking regulators are preparing for a more formal stablecoin framework while also revising other parts of bank oversight.