OCC revisits stablecoin rewards in final GENIUS Act rule
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The OCC has finalized its GENIUS Act regulations, with a fresh look at how stablecoin rewards should be weighed against the law's ban.
The U.S. Office of the Comptroller of the Currency has completed its regulations under the GENIUS Act, according to CoinDesk.
The final rule takes a fresh look at the treatment of stablecoin rewards and how they relate to the prohibition in the law.
The OCC is the first of several federal agencies to finish writing rules under the act, leaving further regulatory work to follow from other agencies.
Source: CoinDesk
