OCC finalizes stablecoin rule with narrow payment-of-interest prohibition
The OCC finalized a rule to enforce the Genius Act with a narrower prohibition on payment-of-interest than the agency originally ...
Tag: Stablecoin
ABA seeks revisions to proposed rule for licensing payment stablecoin issuers
A Treasury Department proposal to implement the Genius Act should not allow nonbank entities to bring unregulated stablecoins into the ...
Banking groups urge Fed to extend comment period for Genius Act proposals
The comment periods currently are scheduled to close on Nov. 30. The request would extend the deadline to Jan. 29.
Podcast: How community banks can keep farmers farming in turbulent times
Agriculture has never been for the faint of heart — but in an environment where global trade policy is changing ...
New survey probes community banks’ plans for digital assets
Double-digit shares of community bankers intend to offer tokenized deposits and stablecoin solutions within the next 12 months, according to ...
New rule establishes procedures for reviewing state stablecoin regulations
The Treasury Department published an interim final rule establishing the forms and procedures used by a federal committee that reviews ...
ABA, associations urge OCC to broaden application process for stablecoin issuers
As it seeks to implement the Genius Act, the OCC should consider additional factors when reviewing applications from non-bank entities ...
Fed proposes rules for Genius Act implementation
The Federal Reserve proposed new rules to require payment stablecoin issuers under its supervision to back their stablecoins with certain ...
ABA, BPI seek regulatory consistency in proposed stablecoin reporting forms
The FDIC should finalize reporting forms for stablecoin issuers only after it finalizes the regulatory requirements for those firms, and ...
With failure on procedural motion, Clarity Act’s future is uncertain
The Senate voted 50-49 against ending debate on the Clarity Act. By failing to reach the 60-vote threshold needed for ...
