OCC Finalizes GENIUS Act Stablecoin Rules, Leaves Rewards Fight Open
Bitcoin Magazine OCC Finalizes GENIUS Act Stablecoin Rules, Leaves Rewards Fight Open The OCC finalized its GENIUS Act stablecoin rules, effective January 2027, easing reserve limits and leaving the fight over third-party rewards unresolved. This post OCC Finalizes GENIUS Act Stablecoin Rules, Leav
Source: Bitcoin Magazine
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DW NOTE
The OCC just wrote the first federal rulebook for dollar-pegged tokens — reserve standards, redemption rights, audit requirements, licensing for banks and nonbanks alike. Effective January 2027, which means issuers have fourteen months to either comply or stop calling their product a payment stablecoin. The fact that the rewards question remains open suggests Treasury or the Fed will weigh in separately, probably because interest on reserves creates balance sheet complications no one wants to own yet.