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5 Agencies, One Stablecoin KYC Rule: Comments Close Aug 21
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5 Agencies, One Stablecoin KYC Rule: Comments Close Aug 21
A federal comment window that could determine how U.S. stablecoin issuers identify their customers closes Friday, putting one of the most consequential pieces of GENIUS Act compliance plumbing into the hands of five regulators. The June proposal is separate from the GENIUS Act rulemakings FinanceFeeds covered this week. Treasury on August 17 proposed rules for U.S. stablecoin issuers and foreign stablecoins, while the OCC is aiming to finalize i…
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