Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
In brief OCC head Jonathan Gould said Wednesday the agency will finalize its GENIUS Act stablecoin rules by November, racing to meet a Jan. 18...
Tag : GENIUS
OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January...
OCC targets November for final GENIUS Act rules
The Office of the Comptroller of the Currency has set a November target for completing its GENIUS Act regulations after receiving industry feedback on its...
US Treasury moves forward with rules on GENIUS Act after July deadline
The US Department of the Treasury issued a notice of proposed rulemaking related to the implementation of the Guiding and Establishing National Innovation for US...
US, UK deepen stablecoin talks after GENIUS Act
US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. Summary The 13th...
Wise turns to GENIUS Act after OCC rejects U.S. bank charter
Wise plans to submit a new application for a U.S. national trust bank charter under the GENIUS Act after the Office of the Comptroller of...
Wise expected to resubmit US charter application under GENIUS
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year. Payments...
Can Tether keep USDT listed in the U.S. under the GENIUS Act?
Tether has faced renewed scrutiny over whether USDT can remain available on U.S. crypto platforms unless the stablecoin issuer meets the requirements of the GENIUS...
US regulators miss key GENIUS Act deadline as stablecoin rules stall
U.S. financial regulators have missed the GENIUS Act’s one-year deadline to complete key rules for the country’s federal stablecoin framework. Summary US regulators missed the...
US agencies miss GENIUS Act deadline for final stablecoin rules
US regulatory agencies missed the rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act on Saturday, which marked one year...