US Comptroller of the Currency Finalizes Stablecoin Rules Under GENIUS Act

The Office of the Comptroller of the Currency (OCC) finalized its rules for stablecoin issuers under the GENIUS Act on Wednesday. Treasury Secretary Scott Bessent described the law as a watershed event, comparing it to the National Currency Act of 1863 that was enacted by Lincoln.

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• Treasury Secretary Scott Bessent described the law as a watershed event, comparing it to the National Currency Act of 1863.

  «Treasury Secretary Scott Bessent calling the law "a watershed»

  Stocktwits
• The regulations set federal standards covering stablecoin reserves, redemptions, and custody.

  «تضع اللوائح معايير اتحادية تتعلق باحتياطيات العملات المستقرة وعمليات استردادها وحفظها»

  Bitcoin News

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