SEC. 7 › (b)

(b) . — Authority To Enter Into Agreements With the Board

🏛️ Federal Reservelicensingenforcementstate-regulation

Bill Text

§7(b)

(b) . — Authority To Enter Into Agreements With the Board

A State payment stablecoin regulator may enter into a memorandum of understanding with the Board, by mutual agreement, under which the Board may participate in the supervision, examination, and enforcement of this Act with respect to the State qualified payment stablecoin issuers of such State.

Parent Section

SEC. 7

STATE QUALIFIED PAYMENT STABLECOIN ISSUERS

Regulatory Agencies

Fed

Federal Reserve Board

Related Sections

Other sections under SEC. 7

SEC. 7 › (a)(a) .— In General SEC. 7 › (c)(c) .— Sharing of Information SEC. 7 › (d)(d) .— Rulemaking SEC. 7 › (e)(e) .— Enforcement Authority in Unusual and Exi...SEC. 7 › (f)(f) .— Effect on State Law