Bankers push OCC to slow crypto trust charters until GENIUS rules clarified
The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow its approval of national trust bank charters...
Tag : GENIUS
GENIUS Act changes would be a ‘national security trap’: Crypto execs
The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups...
US Community Bankers Seek Changes to GENIUS Act Over Stablecoin Yield Concerns
A coalition of US community bankers is urging Congress to amend the GENIUS Act, arguing that the law contains a loophole that allows yield-generating stablecoins...