US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January Source:Cointelegraph
Canada opens consultation on stablecoins, citing US GENIUS Act
As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from…
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”…
OCC finalizes GENIUS Act rules for stablecoin issuers and custody
The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking…
OCC's final rule to start fresh in weighing stablecoin rewards against GENIUS Act ban
The U.S. Office of the Comptroller of the Currency is the first of several federal agencies to finish writing regulations under the act. Source:CoinDesk
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs. Source:CoinDesk
Fed proposes new capital, redemption rules for stablecoin issuers
The Fed’s proposal would set capital requirements, a twoday redemption window and new reserve disclosures as regulators implement the GENIUS Act.…
Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act
Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Boardsupervised payment stablecoin issuers…
US stablecoin adoption could surge with bank-like protections: Visa survey
The survey released by Visa posited that banklike protections for stablecoins could increase adoption in the US as companies are preparing for the enactment of…
OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January…
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to…