US regulator finalises first GENIUS Act stablecoin rule The OCC issued its final rule for payment st…

By @NodoraNews ·

US regulator finalises first GENIUS Act stablecoin rule The OCC issued its final rule for payment stablecoin issuers under its oversight, covering reserve backing, redemptions, risk management, audits and custody. It takes effect Jan 18, 2027. The OCC dropped a proposed presumption against some third-party reward arrangements and will review them case by case; issuers still can't pay interest directly. #Stablecoins #CryptoNews

Open discussion and replies