Tag: cryptocurrency_regulation
-
OCC Issues Final Rule Implementing GENIUS Act Stablecoin Framework
The rule, effective January 18, 2027, sets reserve, redemption, custody and risk management standards for payment stablecoin issuers under OCC jurisdiction, with a separate rulemaking to follow on Bank Secrecy Act, anti-money laundering and sanctions requirements.
BusinessPolitics and GovernmentScience & TechnologyBankingFederal GovernmentLegalFinancial MarketsComputers and Internet Office of the Comptroller of the CurrencyGENIUS Actpayment stablecoinsstablecoin regulation12 CFR 15federal qualified payment stablecoin issuersDigital Assets & TokenizationOffice of the Comptroller of the Currency (OCC)Scott BessentJonathan V. Goulddigital assetscryptocurrency regulation
-
OCC Outlines Waiver Process for Stablecoin Issuers Ahead of GENIUS Act Deadline
The OCC says existing stablecoin issuers with substantially complete applications pending by January 18, 2027, can seek waivers from the GENIUS Act's prior approval requirement.
BusinessPolitics and GovernmentLaw EnforcementBankingFinancial MarketsFederal GovernmentLegal GENIUS ActOffice of the Comptroller of the Currencypayment stablecoinwaiversdigital assetscryptocurrency regulationOCC Bulletin 2026-51Office of the Comptroller of the Currency (OCC)
-
Treasury Seeks Public Comment on GENIUS Act Stablecoin Regulations
The U.S. Treasury has issued a Notice of Proposed Rulemaking for the GENIUS Act, seeking public comment on new regulations for payment stablecoins. This aims to provide clarity for licensing and market access, fostering innovation and cementing the U.S. dollar's…
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsFederal GovernmentEconomyFinancial MarketsComputers and Internet US Department of the TreasuryGENIUS ActPayment StablecoinsProposed RulemakingScott BessentDigital AssetsCryptocurrency RegulationUS Treasury
-
Media Monitor: Wall Street Journal Editorial Board on Michigan Primary, Ukraine, Colorado Taxes, and Crypto Regulation
The Wall Street Journal Editorial Board is reporting on key political and economic developments, including a Michigan Senate primary, Ukraine's defense needs, Colorado's tax initiative, and proposed crypto legislation.
Politics and GovernmentBusinessWorldScience & TechnologyGeneral PoliticsDemocratic PartyEconomyClimate ChangeMiddle EastElection Michigan Senate RaceUkraine ConflictColorado TaxationCryptocurrency RegulationDonald J TrumpPatriot MissilesBallot Initiative 195Wall Street Journal Editorial Board