Deep Tide TechFlow News. On April 8, Bloomberg reported that the Federal Deposit Insurance Corporation (FDIC) has officially issued guidance for financial institutions and their fintech subsidiaries on the use of stablecoins. FDIC Chairman Travis Hill said at the Washington board meeting on Tuesday that the new guidance will establish corresponding rules regarding reserve assets, stablecoin redemptions, licensed activities, and capital requirements to address the increasingly widespread use of digital currencies in the financial system.

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