US OCC calls on community banks to become payment stablecoin issuers
Summary
The Office of the Comptroller of the Currency is encouraging community banks to issue payment stablecoins. This development comes after the banking regulator finalized guidelines for the upcoming implementation of the stablecoin legislation known as the GENIUS Act.
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
Source: Read the full story at Cointelegraph.com News
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