The OCC has finalized a rule to implement the GENIUS Act, which addresses stablecoin issuance. This regulatory action aims to enhance clarity and consumer protections in the digital asset space.
What changed
Establishes a regulatory framework for stablecoin issuance by OCC-supervised entities.
Compliance perspective
Entities involved in stablecoin issuance must align their operations with this new regulatory framework to ensure compliance.
Need help keeping up with these changes?
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