Topic
genius-act
2 stories
Crypto lobby asks Treasury to narrow its GENIUS Act stablecoin rules before they take effect
The Blockchain Association filed a 26-page comment letter backing Treasury's GENIUS Act stablecoin rules in principle but asking for narrower definitions of covered firms, a higher bar for criminal liability, and lighter due diligence on foreign issuers.
OCC Reported to Be Racing to Finish GENIUS Act Stablecoin Rules, With November in View
Decrypt reported Thursday that the OCC is pushing to finish its GENIUS Act stablecoin rulemaking, with November flagged as the target; the agency itself has confirmed no date.