OCC finalizes GENIUS Act rules for stablecoin issuers and custody
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OCC Finalizes GENIUS Act Stablecoin Rules Ahead of January Deadline
The rule sets reserve, redemption and risk standards for issuers, but the OCC has yet to say when it will begin accepting applications.
Fed requests comment on two proposals for stablecoin issuers under GENIUS Act
US regulatory agencies missed a rule-making deadline under the GENIUS Act, a year after the law was signed.
Illinois draft crypto tax rules detail DeFi, stablecoin treatment
Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers.
Fed proposes new capital, redemption rules for stablecoin issuers
The Fed’s proposal would set capital requirements, a two-day redemption window and new reserve disclosures as regulators implement the GENIUS Act.
Federal Reserve Unveils Stablecoin Rules on Reserves and Capital
The central bank opened two proposals for comment under the GENIUS Act, requiring issuers it supervises to back tokens fully with safe assets and creating an application process for banks seeking to issue stablecoins.
Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.