OCC Races to Finalize GENIUS Act Stablecoin Rules by November
The Office of the Comptroller of the Currency (OCC) is accelerating efforts to finalize regulations for the GENIUS Act, which governs stablecoins, by November. This push follows industry feedback and aims to meet a statutory deadline after previously missing earlier targets.
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Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
OCC Comptroller Jonathan Gould told the Wyoming Blockchain Symposium the agency is moving at a rapid pace to beat a January statutory deadline, after already missing an earlier July target.
OCC races to finalize GENIUS Act stablecoin rules by November
The OCC is stepping on the gas to finalize rules by November to implement a stablecoin law signed by President Trump.
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 proposed stablecoin framework. Crypto journalist Eleanor Terrett reported in an Aug. 19 X post that…