Proposed Rule: Stablecoin Investments and Licensing

Regs.gov: National Credit Union Administration

Detected March 14th, 2026

Summary

The National Credit Union Administration (NCUA) has issued a proposed rule regarding stablecoin investments and licensing for credit unions. This consultation seeks public comment on potential new regulations for entities engaging with stablecoins.

View original document View source feed page

What changed

The NCUA has released a proposed rule that outlines potential requirements for stablecoin investments and licensing for federally insured credit unions. This proposal, identified by docket number NCUA-2025-1335, indicates the agency's intent to establish a regulatory framework for credit unions' involvement with stablecoins, likely addressing issues such as risk management, operational standards, and consumer protection.

Regulated entities, particularly credit unions and financial technology firms involved in stablecoin operations, should review this proposal carefully. The document is a consultation, meaning public comments are being solicited. Interested parties should prepare and submit their feedback to the NCUA through Regulations.gov by the specified deadline to influence the final rule. Failure to comply with future regulations could result in supervisory actions or penalties.

What to do next

Review the proposed rule on stablecoin investments and licensing.
Prepare and submit comments to the NCUA via Regulations.gov.
Assess potential impacts on current or future stablecoin-related operations.

Source document (simplified)

Write a Comment

Commenter's Checklist
Public Comments on Federal Regulations

Comment *

5000

What is your comment about?

Attach Files

You can attach up to 20 files, but each file cannot exceed 10MB. Valid file types include: bmp, docx, gif, jpg, jpeg, pdf, png, pptx, rtf, sgml, tif, tiff, txt, wpd, xlsx, xml. Drop files here or Browse...

Email Address

Opt to receive email confirmation of submission and tracking number?
If you choose to identify as Anonymous, the option to receive an email confirmation will not be displayed. (We will never post the email address entered in the field above on Regulations.gov nor share it with anyone else.)

Tell us about yourself! I am... *

(Select an identity below)

An Individual

Yourself or another person whom
you represent with their consent

An Organization

A company, organization,
or government agency

Anonymous

A person who does not want their name
associated with the comment

Note: If you choose to identify as Anonymous, the option to enter your email address for submission confirmation is not available.

reCAPTCHA *

Solve with 2Captcha Do not submit personally identifiable information through this form. Any personally identifiable information (e.g., name, address, phone number) included in the comment form or in an attachment may be publicly disclosed in a docket or on the Internet (via Regulations.gov, a federal agency website, or a third-party, non-government website with access to publicly-disclosed data on Regulations.gov). By submitting a comment, you agree to the terms of participation and privacy notice.

Submit Comment

Please see the Privacy Notice and User Notice regarding comment submission.

Any information (e.g., personal or contact) you provide on this comment form or in an attachment may be publicly disclosed and searchable on the Internet and in a paper docket and will be provided to the Department or Agency issuing the notice. To view any additional information for submitting comments, such as anonymous or sensitive submissions, refer to the Privacy Notice and User Notice, the Federal Register notice on which you are commenting, and the Web site of the Department or Agency.