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Sunday, October 25, 2026Updated 00:17 UTC

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Scott Bessent Calls GENIUS Act a ‘Watershed Moment’ as OCC Sets Stablecoin Rules

Source: CryptoPotato · Oct 24, 2026 19:21 UTC

Aerial view of refinery storage tanks near Houston on the Gulf coast — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The OCC's final rule laid out regulatory requirements for stablecoin issuance and certain custody activities, while leaving some compliance matters for later rules.

Read the full story at CryptoPotato

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to CryptoPotato.