The OCC’s final rule establishes reserve, capital, redemption and supervisory standards for stablecoin issuers but drops proposed restrictions on indirect yield payments, raising banking industry concerns over deposit competition.
Separate FinCEN-OFAC proceedings leave key anti-money laundering and sanctions requirements unresolved ahead of the January 18, 2027, effective date.
This item is available in full to subscribers.
To continue reading, you will need to either log in to your subscriber account, below, or purchase a new subscription.
If you are a current subscriber, and had an account on our previous site, you already have an account. If you have not yet logged into our new site, click here to reset your password.
Otherwise, click here to view your options for subscribing.
Please log in to continue |