FedMSB
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SSA Files Multi-Agency Petition Urging Coordinated GENIUS Act Implementation, Heightened USDT Risk Treatment, and On-chain Node KYC Rules
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Petition submitted to Treasury/FinCEN, Federal Reserve, OCC, FDIC, and NCUA calls for a clearer federal stablecoin perimeter, a public issuer registry, a coordinated review of the USDT Issuer, and a federally administered Node Registry for settlement-layer accountability.
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FedMSB Launches the Stablecoin Standards Authority (SSA)
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A new standards platform to strengthen the technical, governance, and transparency foundations of U.S. dollar–denominated stablecoins. FedMSB is also backing AmCoinX, a new American Stablecoin Index designed to rank the country’s dollar-pegged tokens the way Wall Street rates stocks.
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Federal Money Services Business Association (FedMSB) Unveils Industry Definition for Money Services Businesses (MSBs)
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The Federal Money Services Business Association (FedMSB) today announced the official release of its industry definition for Money Services Businesses (MSBs), establishing a unified framework to guide academic research, industry practice, and policy development.
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Gen Z and Digital Payments: Observations from a Student Perspective
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Generation Z grew up with smartphones and the internet as the default. For many U.S. high school students, paying with a phone, sending money to friends, and checking balances in apps already feel ordinary. This brief organizes first-hand observations from school life and peer conversations into: commonly used payment methods, reasons for preference, and…
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FedMSB Submits Comment to U.S. Treasury on Innovative Approaches to Detect Illicit Activity Involving Digital Assets
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FedMSB has formally submitted its comment to the U.S. Department of the Treasury in response to the Request for Comment under Section 9(a) of the GENIUS Act, focused on “Innovative Methods to Detect Illicit Activity Involving Digital Assets” (Docket No. TREAS-DO-2025-0070).
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FedMSB Unveils Concept Design for U.S. Payment Stablecoin Under the GENIUS Act
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FedMSB today released the official concept renderings for the 2025 U.S. payment stablecoin, developed under the framework of the GENIUS Act .
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FedMSB Statement on House Passage of GENIUS Act and Anti-CBDC Surveillance State Act
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The Federal Money Services Business Association (FedMSB) applauds the U.S. House of Representatives for advancing two critical pieces of legislation today that will shape the future of the digital financial ecosystem.
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FedMSB Releases Landmark Proposal to Redefine Money for the Digital Age
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The FedMSB today unveiled its groundbreaking 2025 Redefinition of Money proposal, a bold initiative aimed at modernizing the definition of money to reflect the realities of a rapidly evolving financial and technological ecosystem.
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FedMSB Congratulates Jonathan Gould on Confirmation as Comptroller of the Currency
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Manhattan, NYC— [July 10,2025] — The Federal Money Services Businesses Association (FedMSB) congratulates Jonathan Gould on his confirmation to serve as the next Comptroller of the Currency. We wish him well as he assumes this critical leadership role. FedMSB looks forward to working with Comptroller Gould on a range of important regulatory issues in…
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The Digital Coin with No Name: Legal and Constitutional Fault Lines in the GENIUS Act’s Stablecoin Framework
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By Mr. Young, Chairman of the Federal Money Services Business Association (FedMSB) — Author’s Note: This commentary is written for policymakers, regulators, and legal practitioners concerned with the long-term implications of the GENIUS Act’s approach to payment stablecoins. It explores the intersection of statutory construction, financial law, and constitutional doctrine with a view toward…