🚨 BREAKING: The OCC has finalized rules under the GENIUS Act requiring payment stablecoin issuers to hold 100% reserves and process redemptions within two business days. Crucially, it maintains a strict ban on paying interest or yield to holders for simply holding these assets. This adds regulatory clarity but limits passive income options for users. ⚖️ #Crypto #Finance #CryptoverseNews

Full story: https://cryptoversenews.eu/finance/occ-finalizes-genius-act-rules-for-stablecoin-issuers-and-cu/?utm_source=binance_square&utm_medium=social&utm_campaign=autopost