Comptroller of the Currency says the final implementation rules for the GENIUS Act are expected to be released by the latest October by the end of the year
BIBIBI
AT A GLANCE
OCC The Comptroller said that GENIUS the final implementation rules for the Act are expected to be released soon, no later than October the end of the year.
Article
Comptroller of the Currency:GENIUS the final rules for implementing the Act are expected to be October released by the end of the year
PANews October 15 reported that, according to a post by crypto journalist Eleanor Terrett, the Comptroller of the Currency (OCC) Jonathan Gould said that the final rules for implementing the OCC Act are expected to be released “in the near term,”GENIUS no later than the end of the year.October🔗https://www.panewslab.com/zh/articles/01a14030-8594-76cd-949d-035607037a3c
Key points
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the Comptroller of the Currency (OCC) Jonathan Gould said that OCC the final rules for implementing the GENIUS Act are expected to be released in the near term.
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Jonathan Gould said that the final rules will be released no later than October the end of the year.
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The information was disclosed in a post by crypto journalist Eleanor Terrett, and PANews October 15 reported it on.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that OCC the specific rules for implementing the GENIUS Act are expected to be released by October the end of the year, but the final rules have not yet been released.
Why it matters to readers
The specific implementation details of the Act can only be confirmed by the public after the final rules are released.
Beginners can understand it as follows: the relevant stablecoin regulatory rules are expected to be clarified soon, but the details still await the official document.
Risks and unknowns
The evidence does not provide the complete content of the final rules.
The evidence does not specify the requirements the rules will impose on issuance, reserves, custody, or specific tokens.
The information comes from an official's remarks disclosed by a journalist, and the formal release date may still need to be confirmed by the OCC announcement.
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OCC
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