In this first March edition of crypto regulatory affairs, we will cover:
- OCC sets out proposed GENIUS Act rules
- UK FCA announces four new stablecoin sandbox participants
- Fed rule to stop bank de-risking over reputational concerns
- SEC guidance offers potential boost for US stablecoin markets
- South Korea to review seized cryptoasset custody protocols
OCC sets out proposed GENIUS Act rules, including on stablecoin interest
The United States Office of the Comptroller of the Currency (OCC) has published proposed rules on the GENIUS Act and opened a public comment window, moving the US stablecoin framework towards full implementation.
On February 25, the OCC issued a notice of proposed rulemaking (NPRM) that sets out proposed regulations…
