🏛️ US FINALIZES HISTORIC STABLECOIN RULES (GENIUS ACT)
The Office of the Comptroller of the Currency (OCC) has officially finalized its regulatory framework under the GENIUS Act:
🔹 Comprehensive Oversight: Sets federal standards for bank and non-bank institutions, foreign issuers, and custodians.
🔹 Yield Restrictions Scrapped: The OCC removed proposed caps and rebuttable presumptions on stablecoin rewards/yields.
🔹 Key Timeline: The new framework takes effect on January 18, 2027.
#EarningsSeason #OCC
The Office of the Comptroller of the Currency (OCC) has officially finalized its regulatory framework under the GENIUS Act:
🔹 Comprehensive Oversight: Sets federal standards for bank and non-bank institutions, foreign issuers, and custodians.
🔹 Yield Restrictions Scrapped: The OCC removed proposed caps and rebuttable presumptions on stablecoin rewards/yields.
🔹 Key Timeline: The new framework takes effect on January 18, 2027.
#EarningsSeason #OCC