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Wednesday, October 21, 2026Updated 19:26 UTC

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Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

Source: Cointelegraph · Oct 21, 2026 17:10 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

Read the full story at Cointelegraph

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