New Proposal Could Restrict Stablecoin Branding and Ban Rewards

The Office of the Comptroller of the Currency (OCC) has released a 376-page proposal outlining how it plans to implement the Guiding and Establishing National Innovation for U. S. Stablecoins (GENIUS) Act. The draft framework tightens oversight of dollar-backed stablecoins, particularly around branding limits, yield bans, and redemption standards source: https://www.ethnews.com/new-proposal-could-restrict-stablecoin-branding-and-ban-rewards/