State-Chartered Issuer

Definition ∞ A state-chartered issuer refers to a financial institution or entity that has received its operating license and regulatory authority from a specific state government within the United States. This designation means the issuer operates under state-level laws and supervision, rather than federal oversight. Such entities often include banks, credit unions, or trust companies that may issue financial products, including potentially stablecoins or other digital assets. This status defines their regulatory environment.
Context ∞ In crypto news, state-chartered issuers are frequently discussed in the context of stablecoin regulation and the broader legal framework for digital assets. Reports may highlight state-level initiatives to provide clear regulatory pathways for institutions wishing to issue dollar-backed stablecoins. The distinction between state and federally chartered entities is a key aspect of the ongoing debate about appropriate oversight for digital asset providers and financial innovation.