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.
Tag: payment stablecoins
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.
Florida Enacts Stablecoin Issuer Rules and Fee-Payment Pilot
Florida approved a state stablecoin issuer framework and a pilot that can let businesses pay regulatory fees in qualifying dollar-backed tokens.
US Agencies Propose Bank-Style Customer Checks for Stablecoin Issuers
Five US financial regulators have proposed customer identification requirements for permitted payment stablecoin issuers, bringing issuer onboarding closer to bank standards.