PANews February 26 News: The U.S. Office of the Comptroller of the Currency (OCC) has issued proposed rules to establish regulatory requirements for “permitted payment stablecoin issuers” within its jurisdiction, as well as for foreign issuers and certain custodial services; provisions related to BSA/AML and OFAC sanctions will be developed separately by the Treasury Department. Public comments are due within 60 days after publication in the Federal Register.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Canada Moves to Ban Crypto Donations in Elections in New Bill
Canada’s bill C-25 proposes bans of crypto donations and similar methods due to traceability and identity verification concerns.
Law applies to parties, candidates, and third parties, with strict penalties and enforcement measures.
Shift follows rising transparency concerns, moving from r
CryptoFrontNews3h ago
UNI and AAVE are the first to be hit! Analyst: The CLARITY Act could seriously damage the DeFi yield myth
《Digital Asset Market Clarity Act (CLARITY Act)》 focuses on stablecoin regulation. If it passes, it will have a major impact on DeFi protocols, especially by banning platforms from offering yield on stablecoins. This will cause returns to be re-concentrated in traditional financial institutions, shrinking the competitive space for crypto platforms. The report warns that multiple DeFi projects such as Uniswap and Aave may face stricter regulation, affecting trading volume and liquidity.
区块客4h ago
Coin Center Warns US Crypto Crackdown Possible Without Clear Rules
Peter Van Valkenburgh warns that without passing the CLARITY Act, future U.S. administrations may impose strict regulations on crypto. He emphasizes the need for statutory protections to prevent reliance on political climates, as current agreements stall in Congress.
CryptoBreaking5h ago
Pro-XRP Attorney and Ripple CEO Agree the U.S. Can’t Afford Another Gary Gensler Moment
The pro-XRP attorney John Deaton has concurred with recent remarks by Ripple CEO Brad Garlinghouse that the United States cannot afford another Gary Gensler experience. He was the former chair of the U.S. Securities and Exchange Commission (SEC).
In a tweet explaining his opinion, Deaton insisted t
CryptoPotato5h ago
Pierre Rochard’s warning about the Bitcoin gap in the Basel III revision
Pierre Rochard warns that the U.S. regulatory approach to Bitcoin in the Basel III revision lacks clarity. He emphasizes the need for transparent criteria and data for banks to manage Bitcoin risks, cautioning that ambiguity may hinder financial innovation and compliance.
TapChiBitcoin6h ago
The Clarity Act hangs in the balance: the SEC may hold crypto accountable, and Ripple and developers face immense pressure
The prospects of the "Clarity Act" are unclear, which may lead the SEC to reconsider cryptocurrencies as securities, increasing legal risks. Industry insiders warn that short-termism and conflicting interests may delay the passage of the bill, impacting the legal status of mainstream assets. Cryptocurrency lobbying groups are prepared to address regulatory risks, calling for unity to ensure the long-term safety of the industry.
GateNews8h ago
