The OCC announced new reporting forms for payment stablecoin issuers and set a comment period for the revised instructions.
What changed
Introduced weekly and quarterly reporting forms that will take effect subject to OMB approval.
Compliance perspective
Entities need to adopt the new forms for compliance by the specified reporting dates.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.