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12 U.S.C. § 5912Interoperability standards

submitted 1 year ago by Pub. L. 119-27 to r/title-12-BANKS-AND-BANKING · 96 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

The primary Federal payment stablecoin regulators, in consultation with the National Institute of Standards and Technology, other relevant standard-setting organizations, and State bank and credit union regulators, shall assess and, if necessary, may, pursuant to section 553 of title 5, and in a manner consistent with the National Technology Transfer and Advancement Act of 1995 (Public Law 104–113), prescribe standards for permitted payment stablecoin issuers to promote compatibility and interoperability with—

(1)

other permitted payment stablecoin issuers; and

(2)

the broader digital finance ecosystem, including accepted communications protocols and blockchains, permissioned or public.

Source credit: (Pub. L. 119–27, § 12, July 18, 2025, 139 Stat. 459.)

history & why it existsrecord from the source credit
  • 2025Enacted · Pub. L. 119-27 · 139 Stat. 459

A history note hasn’t been published yet. The record shows enactment by Pub. L. 119-27 on 2025-07-18.

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