🚨OCC proposed rule Feb 25 2026 to implement GENIUS Act sets federal framework for payment stablecoins covering issuance reserves redemption risk management audits reporting supervision and foreign issuers oversight. Applies to national bank subsidiaries qualified issuers and foreign ones plus new 12 CFR Part 15. Public comments open for ~60 days AML/sanctions handled separately by Treasury. Framework starts 18 months after enactment or soon after final rules. Big step for clearer safer stablecoin rules in US banking #OCC #CryptoRegulation #PaymentStablecoins #DigitalAssets #USFinance
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