OCC chief: final GENIUS Act rules due by end of October
- —OCC to publish final GENIUS Act rules by end of October
- —Timeline given by OCC chief Jonathan Gould
- —GENIUS Act governs stablecoin issuance and circulation in the US
Why it matters: The rules will set requirements for stablecoin issuers and could accelerate institutional adoption of USDT, USDC and new tokens.
Source: PANews