News Releases
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SSA Opens Public Call to Set a “Minimum Baseline” for Public-Associated Dollar Stablecoins
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SSA, an independent standards platform within FedMSB, is launching a technical working group to publish evidence-cited minimum baselines for disclosure, redemption, and governance for public-associated, U.S. dollar–denominated stablecoin arrangements—complete with a 10-working-day public corrections window and expedited updates where feasible.
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FedMSB Urges Wyoming to Adopt Strong Public-Trust Safeguards for State Stable Token (“FRNT”)
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FedMSB announced today that its president has sent a formal letter urging plain-language disclosures, redemption-resilience standards, and verifiable oversight ahead of the Wyoming Stable Token’s broad distribution.
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FedMSB Files Comment on Fed “Payment Account” Proposal
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A formal public comment submission to the Federal Reserve Board’s RFI on the Reserve Bank “Payment Account” prototype (Docket OP-1877), submitted by the Federal Money Services Business Association (FedMSB) and signed by its president, Van Young, dated December 22, 2025.
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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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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 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 Submits Formal Policy Position on GENIUS Act
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Manhattan, NYC | June 17, 2025 — The Federal Money Services Business Association (FedMSB) has officially submitted its policy position on the GENIUS Act (S.1582), a landmark federal bill that proposes to establish a national licensing regime for payment stablecoins. The policy paper was transmitted today to members of the House Financial Services Committee,…