OCC Finalizes Stablecoin Framework as January Compliance Date Approaches

T2Covered by 1 source · first reported by PYMNTS at 21 Oct, 17:03 UTC

The Office of the Comptroller of the Currency (OCC) has finalized rules governing stablecoin issuers under its jurisdiction, establishing standards for reserves, redemption, custody and risk management ahead of a January deadline. The rule, issued Wednesday (Oct. 21), translates the GENIUS Act’s…