The U.S. Office of the Comptroller of the Currency (OCC) is expected to complete regulations related to the GENIUS Act in November, while adjusting the content based on feedback from the crypto industry.

Information shared by crypto reporter Eleanor Terrett on the X platform. The head of the OCC said that licensing activities for digital asset businesses have increased eightfold since the Biden administration.

This official also said that the administration’s previous efforts to eliminate risks were “extremely shortsighted.” There are currently no additional details about the specific changes in the regulatory package related to the GENIUS Act.

Source: https://tintucbitcoin.com/occ-my-du-kien-hoan-tat-xay-dung-quy-dinh-genius-act-vao-thang-11/

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