Regulators clarify rules on stablecoin rewards and GENIUS Act

Federal bank regulators reportedly say crypto firms can keep paying interest-like rewards on stablecoins. The OCC has published a GENIUS Act final rule, per the items.

Timeline

1. 24 Oct, 16:50 UTCFirst appeared on Google Trends
2. 24 Oct, 16:50 UTCAP reports regulators allow stablecoin rewards
3. 24 Oct, 16:50 UTCOCC publishes GENIUS Act final rule

Top sources

• usdcGoogle Trends
• Cryptocurrency companies can keep paying interest-like rewards, say federal bank regulatorsAP News
• GENIUS Act Regulations: Final RuleOffice of the Comptroller of the Currency (OCC) (.gov)