Big Banks Demand Identity Checks for Secondary Stablecoin Markets

AI Summary The Bank Policy Institute, representing the massive U.S. banking lobby, filed a comment letter asking FinCEN to apply customer identification requirements to secondary stabilization markets, extending the provision applied to stablecoin issuers to exchanges with a direct relationship with retail customers. Big Banks Ask For Customer ID Requirements to Be Extended to Secondary Stablecoin Markets […] fulltext: 407 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/regulation-and-legal/big-banks-demand-identity-checks-for-secondary-stablecoin-markets/ Source: Bitcoin.com News