FDIC Acting Chair Announces Upcoming Stablecoin Regulatory Framework This Month
FDIC's Proposed Framework: The FDIC plans to propose a framework for implementing US stablecoin laws under the GENIUS Act, with a proposed rule expected later this month and additional prudential requirements for stablecoin issuers to follow early next year.
Oversight and Regulation: The GENIUS Act, signed by President Trump, establishes oversight and licensing for stablecoin issuers, assigning the FDIC to set capital, liquidity, and reserve asset standards for these entities.
Collaboration with Federal Agencies: The Federal Reserve and other banking regulators are working together to develop regulations for stablecoin issuers, focusing on capital and liquidity requirements as mandated by the GENIUS Act.
Tokenized Deposits Guidance: The FDIC is also developing guidance on the regulatory status of tokenized deposits and considering recommendations from the President’s Working Group on Digital Asset Markets regarding permissible banking activities.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP). As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.513 | 2.852 | 3.128 | 3.467 | 3.743 | 4.082 | 4.358 |
| Fibonacci | 2.852 | 3.087 | 3.232 | 3.467 | 3.702 | 3.847 | 4.082 |
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