Cosmos - The Interchain ⚛️ (@cosmos): The regulatory picture for tokenized deposits in the US has shifted considerably in the past 18 months.

The regulatory picture for tokenized deposits in the US has shifted considerably in the past 18 months. - The FDIC withdrew its restrictive guidance and began developing supervisory frameworks for tokenized deposits. - The OCC confirmed that tokenization of bank liabilities is a permissible activity for national banks. - Congress passed the GENIUS Act, which established a federal framework for payment of stablecoins and drew a clear legal boundary between stablecoins and tokenized deposits. - State regulators are fielding inquiries from chartered banks exploring deposit tokenization, mostly through consortium models. - The Conference of State Bank Supervisors has called for unified federal-state guidance on KYC/AML, smart contract enforceability, and liquidity risk management for always-on redemption. All these changes raise the next question for any team evaluating their next move: does your infrastructure platform deliver the cybersecurity, access control, and interoperability that institutional-scale tokenized assets require? That's the layer Cosmos works on. We can give banks the control, resiliency, and connectivity to issue and move tokenized deposits at institutional scale.