Eleanor Terrett(@EleanorTerrett):🚨UPDATE: @ABABankers isn’t happy with the @USOCC’s final GENIUS Act rule, saying it “will preserve the status quo for crypto platforms” after the regulator dropped its proposed restrictions on stablecoin yield. “Attempting to address deposit flight and economic harm after it has occurred is the wrong approach,” ABA CEO @BankersPrez says.

2026.10.21 16:36

🚨UPDATE: @ABABankers isn’t happy with the @USOCC’s final GENIUS Act rule, saying it “will preserve the status quo for crypto platforms” after the regulator dropped its proposed restrictions on stablecoin yield. “Attempting to address deposit flight and economic harm after it has occurred is the wrong approach,” ABA CEO @BankersPrez says.

Eleanor Terrett@EleanorTerrett

2026.10.21 11:39

🚨NEW: OCC Finalizes GENIUS Act Rules, Backs Off Stablecoin Rewards Restrictions The @USOCC has finalized its GENIUS Act rules, dropping proposed restrictions on stablecoin rewards and leaving a major fight between banks and crypto firms unresolved.