🏛️ U.S. Bankers Association criticizes new stablecoin rules

The American Bankers Association criticized the OCC’s GENIUS rules on stablecoins, saying they undermine Congress and could affect local lending. These criticisms could delay stablecoin regulation and create uncertainty in the crypto market.

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Source: Cointelegraph · https://cointelegraph.com/news/american-bankers-association-occ-genius-rules-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound