Published: 13.05.2026
A proposed rule would require payment stablecoin issuers to use customer-identification procedures when opening accounts. For non-U.S. persons, acceptable identifiers could include a taxpayer identification number, passport, alien identification card, or another government document showing nationality or residence.
According to the source, the proposal is aimed at financial institutions and does not yet impose a current customer obligation. If adopted, non-U.S. persons opening the relevant accounts would likely need to provide passport, immigration, or tax-identification documents. This matters to non-residents and newcomers relying on digital payment instruments because the rule specifically addresses the documents available to foreign customers. It is worth monitoring for people planning to use such accounts, but its relevance to an ordinary banking relocation is limited.