OCC Finalizes GENIUS Act Rules Covering Stablecoins and Custody
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The OCC has finalized rules under the GENIUS Act covering stablecoin issuers and custody, according to Cointelegraph.
The Office of the Comptroller of the Currency has completed rules under the GENIUS Act, Cointelegraph reported.
The rules cover stablecoin issuers and custody, placing both activities within the scope of the reported regulatory action.
The available report did not specify the requirements, implementation dates or which custody providers would be affected.
Source: Cointelegraph