U.S. regulator's GENIUS pitch puts dark cloud over crypto sector's stablecoin model

U.S. regulator's GENIUS pitch puts dark cloud over crypto sector's stablecoin model

The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.

OCC Proposes New Rules for Stablecoin Issuers Under GENIUS Act

The OCC is proposing a federal regulatory framework for payment stablecoins under the GENIUS Act that would set standards for issuance, reserves, supervision, and foreign issuers within its jurisdiction. OCC Seeks Comment on Broad Stablecoin Regulatory Plan Federal banking regulators are advancing oversight of digital assets. The Office of the Comptroller of the Currency (OCC) […]

Stablecoin Rewards Face Critical Scrutiny As OCC Proposal Targets Exchange Loopholes

BitcoinWorld Stablecoin Rewards Face Critical Scrutiny as OCC Proposal Targets Exchange Loopholes WASHINGTON, D.C. – February 2025 – A significant regulatory proposal now threatens to reshape how cryptocurrency exchanges distribute stablecoin rewards to millions of users. The U.S. Office of the Comptroller of the Currency’s latest Notice of Proposed Rulemaking for the GENIUS Act directly challenges industry practices that have flourished for yea…

OCC proposes comprehensive stablecoin framework

The agency's 400-page GENIUS Act proposed rule sets capital, reserve and operational rules to govern how stablecoin issuers may operate.

OCC Proposal Aims to Fuel Safe Payment Stablecoin Growth

The Office of the Comptroller of the Currency (OCC) has issued a proposed rulemaking to implement the GENIUS Act, the stablecoin legislation that was signed into law by President Donald Trump in July 2025. The proposed rule addresses most of the regulations the OCC is required to implement under the GENIUS Act. Those that are not addressed in this rule are related to the Bank Secrecy Act, Anti-Money Laundering and Office of Foreign Ass…

Latest Coinbase Stablecoin Revenue Could Surge 7x Under GENIUS Act, Bloomberg Analysts Say in Cryptocurrency

Bitcoin Cryptocurrency exchange Coinbase (COIN) could be one of the biggest corporate beneficiaries of the United States’ first comprehensive crypto legislation, the GENIUS Act, which was signed into law in July 2025 and established a federal framework for stablecoin issuance and oversight. Coinbase Stablecoin Revenue Jumps 48% According to Bloomberg analysts Paul Gulberg and Samuel Radowitz, the new framework may significantly strengthen Coinba…