TREE NEWS update: The Office of the Comptroller of the Currency published its final rule implementing the GENIUS Act stablecoin framework, effective Jan. 18. The final rule drops a proposed presumption concerning third-party rewards arrangements. The OCC is the first regulator out of the gate with a finalized rule under the stablecoin law signed by President Trump.
OCC Publishes Final GENIUS Act Stablecoin Rule, Effective Jan. 18
AI take
The OCC's decision to drop the third-party rewards presumption is the detail worth noting: it leaves the treatment of incentive arrangements less settled than the proposal implied, even as the core framework is now final. As the first regulator to finish a GENIUS Act rule, the OCC effectively sets a template other agencies may be measured against. The practical question is whether that dropped presumption resurfaces in guidance or in other regulators' rules, and how firms structure rewards programs in the meantime.
Generated by AI for reference only.
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