OCC and NCUA Publish Notice of Proposed Rulemaking for GENIUS Act
Two federal agencies, in addition to the FDIC, have published Notices of Proposed Rulemaking regarding regulations to implement portions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The National Credit Union Administration (NCUA) proposes regulations to implement the statutorily required process for approval and licensure of permitted payment stablecoin issuers […more]






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