OCC Completes GENIUS Act Rules as Stablecoin Yield Restrictions Loom
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The OCC has finalized GENIUS Act rules, with Bitcoin.com News highlighting limits on stablecoin yield but providing no details in the supplied item.
The Office of the Comptroller of the Currency has completed rules under the GENIUS Act, according to a headline published by Bitcoin.com News.
The headline also points to restrictions on stablecoin yield. However, the supplied item does not explain the scope of those limits or identify which activities would be affected.
No implementation dates, exemptions or details of the final regulatory text were included in the material provided.
Source: Bitcoin.com News