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First Out of the Gate: the OCC finalises its GENIUS Act stablecoin rule
The Office of the Comptroller of the Currency has become the first US federal regulator to finalise its implementing rule under the GENIUS Act, the federal payment stablecoin framework President Trump signed into law in 2025. The final rule, announced 21 October 2026, sets out a licensing and supervisory framework for “permitted payment stablecoin issuers” — both banks and non-bank companies — along with custody standards for the assets backing stablecoins and requirements fo
2 hours ago3 min read
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