OCC Unveils Plan to Regulate and Back U.S. Stablecoins Under GENIUS Act
The Office of the Comptroller of the Currency (OCC) said on Wednesday that it is seeking feedback on new proposed rules to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS). The guidance lays out how “regulated payment stablecoins” would be issued, backed, and supervised under the agency’s jurisdiction, and it is launching … Read more
