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US Finalises Stablecoin Rules as Ripple, Cardano and Chainlink Push for Crypto Clarity

US Finalises Stablecoin Rules as Ripple, Cardano and Chainlink Push for Crypto Clarity

Photo: Crypto News Australia

The US is advancing its crypto regulatory framework while several blockchain firms have urged the US Securities and Exchange Commission (SEC) to adopt clearer rules for crypto assets. The Office of the Comptroller of the Currency (OCC) has finalised stablecoin regulations under the GENIUS Act, setting out how stablecoin issuers under its jurisdiction must operate. The new rules cover reserve requirements, redemptions, custody, risk management and regulatory supervision. They apply to issuers under the OCC’s jurisdiction, including certain foreign stablecoin companies, and will take effect on 18 January 2027.

Source: Crypto News Australia

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