FDIC Chairman Hill Issues Statement on Proposal to Implement the GENIUS Act
April 08, 2026
April 08, 2026
WASHINGTON, April 8 -- The Federal Deposit Insurance Corporation issued the following statement on April 7, 20226, by Chairman Travis Hill on the proposal to implement the GENIUS Act:
* * *
Two years ago, I gave a speech discussing the promise of tokenization, the representation of real-world assets on a distributed ledger. As I noted at the time, "tokenization offers much more than just a shiny version of Zelle or Venmo"/1 - in other words, tokenization' . . .
* * *
Two years ago, I gave a speech discussing the promise of tokenization, the representation of real-world assets on a distributed ledger. As I noted at the time, "tokenization offers much more than just a shiny version of Zelle or Venmo"/1 - in other words, tokenization' . . .