FDIC Board Addresses GENIUS Act Stablecoin, AML Proposals
Summary
The FDIC Board of Directors met in open session on April 7, 2026, to address three items: two proposed rulemakings and one final rule. The Board considered a Notice of Proposed Rulemaking on GENIUS Act requirements and standards for FDIC-supervised permitted payment stablecoin issuers and insured depository institutions, and a separate Notice of Proposed Rulemaking on Anti-Money Laundering and Countering the Financing of Terrorism Programs. The Board also adopted a Final Rule prohibiting the use of reputation risk by regulators.
What changed
The FDIC Board of Directors held an open session on April 7, 2026, addressing three regulatory items. Two were Notice of Proposed Rulemakings — one covering GENIUS Act requirements for FDIC-supervised permitted payment stablecoin issuers and insured depository institutions, and one updating Anti-Money Laundering and Countering the Financing of Terrorism program requirements. The Board also adopted a Final Rule prohibiting the use of reputation risk by regulators.
FDIC-supervised institutions, stablecoin issuers, and insured depository institutions should monitor for the formal publication of the GENIUS Act and AML/CFT proposed rulemakings and prepare to submit comments during the designated comment periods. Depository institutions subject to FDIC supervision should also review the final reputation risk rule to assess any impact on supervisory practices.
Meeting
- Date
- 2026-04-07
Archived snapshot
Apr 20, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
FDIC Board of Directors Meeting
FDIC Subscriptions sent this bulletin at 04/07/2026 01:47 PM EDT
| # BOARD MEETING | APRIL 7, 2026 |
| # FDIC Board of Directors Meeting
Today, the Federal Deposit Insurance Corporation's Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage. |
| ## Items Addressed in Open Session: |
| - ### Notice of Proposed Rulemaking: GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institution
- Statement by Chairman Travis Hill
- Press Release
- Financial Institution Letter |
| - ### Notice of Proposed Rulemaking: Anti-Money Laundering and Countering the Financing of Terrorism Programs
- Statement by Chairman Travis Hill
- Press Release
- Financial Institution Letter |
| - ### Final Rule: Prohibition on Use of Reputation Risk by Regulators
- Statement by Chairman Travis Hill
- Press Release
- Financial Institution Letter |
| A recording of the full webcast of the open session is available. |
| Board Materials |
The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please .
CONNECT WITH US
| # BOARD MEETING | APRIL 7, 2026 | # FDIC Board of Directors Meeting
Today, the Federal Deposit Insurance Corporation's Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage. | ## Items Addressed in Open Session: | - ### Notice of Proposed Rulemaking: GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institution
- Statement by Chairman Travis Hill
- Press Release
Financial Institution Letter | - ### Notice of Proposed Rulemaking: Anti-Money Laundering and Countering the Financing of Terrorism Programs
Statement by Chairman Travis Hill
Press Release
Financial Institution Letter | - ### Final Rule: Prohibition on Use of Reputation Risk by Regulators
Statement by Chairman Travis Hill
Press Release
Financial Institution Letter | A recording of the full webcast of the open session is available. | Board Materials |
| # BOARD MEETING | APRIL 7, 2026 |
| # FDIC Board of Directors Meeting
Today, the Federal Deposit Insurance Corporation's Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage. |
| ## Items Addressed in Open Session: |
- Statement by Chairman Travis Hill
- Press Release
Financial Institution Letter |
Statement by Chairman Travis Hill
Press Release
Financial Institution Letter |
Statement by Chairman Travis Hill
Press Release
Financial Institution Letter |
| Questions for FDIC? Contact Us
Subscriber Services:
Manage Preferences | | Help |
Related changes
Get daily alerts for FDIC Financial Institution Letters RSS
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
Source
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from FDIC.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when FDIC Financial Institution Letters RSS publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.