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New York's Department of Financial Services Stablecoin Guidance

New York’s Department of Financial Services released interpretive guidance on the Issuance of U.S. Dollar-Backed Stablecoins, it applies to entities that issue stablecoins, and addresses three broad topics—redeemability, reserve requirements, and monthly attestation
United States York Department Of Financial Services Bank Secrecy American Institute Of Certified Public Accountants New York Financial Services

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