OCC Targets November for Final GENIUS Act Stablecoin Rule
Comptroller Jonathan Gould said the OCC aims to issue its final payment-stablecoin rule by November and begin processing applications in the new year.
Category: Stablecoins
FASB Proposal Sets a High Bar for Stablecoins as Cash Equivalents
A FASB proposal would let some stablecoins qualify as cash equivalents only when holders have direct redemption rights and reserves meet strict conditions.
Treasury Proposes US Stablecoin Issuance and Sales Rules
A US Treasury proposal would define when payment stablecoins are issued, offered or sold in the United States under the GENIUS Act.
ARP Digital Gains Dubai License for Crypto-Dirham Conversion
VARA has licensed ARP Digital as a broker-dealer, giving the firm a regulated basis to offer institutional digital-asset conversion in Dubai.
ESMA Register Adds Slovenia’s Dinaro and EURGH Token
Dinaro has become the first Slovenia-based institution in ESMA’s e-money-token register, but its EURGH entry carries a September notification date.
HashKey Opens Institutional Access to HKDAP Stablecoin
HashKey has joined the beta distribution of Anchorpoint’s regulated HKDAP stablecoin, adding minting, redemption and fiat conversion for eligible clients.
Bank of England Lab Tests Stablecoin and Digital Pound Settlement
A Digital Pound Lab experiment is testing whether stablecoin and simulated digital-pound legs can be coordinated in one cross-border trade-finance flow.
Decta Plans USDC Treasury Settlement Through OpenPayd
Decta plans to convert company funds into USDC through OpenPayd for international treasury settlement, not customer-facing payments.
IMF Says Local Stablecoins Could Accelerate Digital Dollar Use
IMF official Dan Katz says local-currency stablecoins may make it easier for users to switch into dollar tokens, reshaping oversight of cross-border flows.
Cloudflare Opens Wallet Handles, Plans Stablecoin Agent Payments
Cloudflare has opened wallet-handle registration while outlining programmable stablecoin wallets with delegated controls for AI agents.
Western Union Launches USDPT Stablecard in 37 Markets
Western Union and Rain launched Stablecard, combining a USDPT wallet with a Visa secured credit card across 37 markets.
Mastercard Completes BVNK Acquisition for Stablecoin Infrastructure
Mastercard has completed its acquisition of BVNK, adding stablecoin infrastructure for business payments, payouts, settlement and treasury workflows.