The U.S. Office of the Comptroller of the Currency is the first of several federal agencies to finish writing regulations under the act. The U.S. agency that regulates national banks and trusts has issued the first final rule putting the GENIUS Act into place in January, though a number of other regulators are still working on other parts of the implementation. The section on stablecoin yield doesn't offer a lot of detail on what activity may fall under the law's wide prohibition of s…
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