FDIC's Hill cites 'more work to do' on tokenized deposits

T1Covered by 1 source · first reported by American Banker (headlines) at 14 Oct, 15:12 UTC

Federal Deposit Insurance Corp. Chair Travis Hill said regulators will have "more work to do" on tokenized deposits beyond implementing last year's stablecoin law, including thinking through how 24-hour settlement would impact failed bank resolutions.

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Sources

• T1FDIC's Hill cites 'more work to do' on tokenized depositsAmerican Banker (headlines)14 Oct, 15:12