OCC Finalizes Stablecoin Rules Under GENIUS Act
The Office of the Comptroller of the Currency finalized rules for stablecoin issuers under the GENIUS Act. Treasury Secretary Scott Bessent called the law a watershed moment in American finance.
The Office of the Comptroller of the Currency (OCC) finalized its rules for stablecoin issuers under the GENIUS Act on Wednesday, with Treasury Secretary Scott Bessent calling the law "a watershed moment in American finance."Bessent said in the OCC release that “just as President Abraham Lincoln's…