Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #10
US banking regulator moves forward with stablecoin rules
Original: 📜 US-Bankenaufsicht beschließt Stablecoin-Regeln! Die OCC bringt den „Genius Act“ auf den Weg (Inkrafttreten Jan. 2027):
The US Office of the Comptroller of the Currency is implementing the Genius Act, a new framework for stablecoins that takes effect in January 2027. Under the rules, stablecoins must be backed 100 percent by reserves and issuers must guarantee redemptions within two days. Crypto observers are discussing what the timeline and reserve requirements mean for the market.
Why now: New US regulation of stablecoins is a major development for the crypto industry and its participants.
OCCGenius ActUnited Statesstablecoins
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