Regulatory Alerts2024-04-24 | 4063Stablecoin Issuer and Issuance Requirements
The National Commission of Digital Assets mandates that all stablecoin issuers submit specific operational and financial data under Article 6 of the Regulation on the Issuance of Public Offers of Stablecoins. Issuers must disclose the volume of stablecoins to be issued, the type and quantity of international reserve assets held, and the protocols for creating and destroying tokens. Additionally, issuers are required to provide the URL of their main website and details regarding the Distributed Ledger Technology or similar technologies utilized.
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