Six U.S. Federal Agencies Push Payment Stablecoin Framework Rules Ahead of July 18 Deadline

According to the Office of the Comptroller of the Currency (OCC), six U.S. federal agencies are advancing regulatory rules for the GENIUS Act payment stablecoin framework on July 15, with a July 18 deadline for finalizing the rulemaking. The framework establishes requirements for stablecoin reserves, issuer capital rules, and payment-stablecoin licensing, directly affecting how commercial banks and stablecoin issuers operate in the U.S. market.
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