🏦 U.S. stablecoin regulation takes shape: OCC issues final rules for the GENIUS Act
On October 21, the U.S. Office of the Comptroller of the Currency (OCC) announced the final rules implementing the GENIUS Act 👇
✅ Cover payment stablecoin issuers and foreign stablecoin issuers under OCC supervision, as well as related custody services
✅ Emphasize standards for reserve backing, redemption, and risk management
⏳ Anti-money laundering and sanctions-related rules will be developed separately with the Treasury Department
📅 Both the final rules and the GENIUS Act take effect on January 18, 2027. The application window for issuers will be announced separately
Related data: A study by The Block, commissioned by Coinbase, found that adjusted stablecoin transfer volume reached $891 billion in Q3, with about 73% occurring outside U.S. banking hours.
Now that stablecoins have a federal “license,” who do you think will benefit first: banks, exchanges, or the crypto-asset sector as a whole? Join the discussion in the comments 👇
#稳定币 #GENIUS法案 #加密监管 #Binance Square
For reference only; not investment advice
On October 21, the U.S. Office of the Comptroller of the Currency (OCC) announced the final rules implementing the GENIUS Act 👇
✅ Cover payment stablecoin issuers and foreign stablecoin issuers under OCC supervision, as well as related custody services
✅ Emphasize standards for reserve backing, redemption, and risk management
⏳ Anti-money laundering and sanctions-related rules will be developed separately with the Treasury Department
📅 Both the final rules and the GENIUS Act take effect on January 18, 2027. The application window for issuers will be announced separately
Related data: A study by The Block, commissioned by Coinbase, found that adjusted stablecoin transfer volume reached $891 billion in Q3, with about 73% occurring outside U.S. banking hours.
Now that stablecoins have a federal “license,” who do you think will benefit first: banks, exchanges, or the crypto-asset sector as a whole? Join the discussion in the comments 👇
#稳定币 #GENIUS法案 #加密监管 #Binance Square
For reference only; not investment advice