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OCC Sets Crypto Guidance for Community Banks Under GENIUS Act

OCC Sets Crypto Guidance for Community Banks Under GENIUS Act

Photo: TokenPost

The Office of the Comptroller of the Currency issued guidance under the GENIUS Act to support community banks’ crypto participation, with issuer requirements and bank examinations tied to different factors. The framework tailors issuer requirements to business models and risk profiles. Examination cycles reflect each institution’s size and complexity. The approach is intended to support community banks’ involvement in the crypto sector while maintaining oversight. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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