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OCC issues final rule on stablecoin rewards under GENIUS Act
The Office of the Comptroller of the Currency has issued a final rule implementing the GENIUS Act's stablecoin framework.
- The OCC has issued a final rule tied to the GENIUS Act's restrictions on stablecoin yield.
- The rule addresses the law's ban on paying yield to people for holding stablecoins.
- The treatment of rewards offered by platforms or affiliates remains a central issue.
SEC approves Evernorth share prospectus for potential XRP treasury growth
Stellar names November dates for Bell quantum-safe upgrade
Binance excludes Blue Ocean outage data from US stock perpetual funding
UK crypto users file thousands of complaints over bank transfer blocks
British bank customers filed thousands of complaints regarding blocked or restricted fiat transfers to crypto platforms over a ninety day period.
Dogecoin Labs launches to unify wallet, OS and payment app
Dogecoin Labs announced on October 21, merging the MyDoge wallet, DogeOS platform and Such App under one company. The organization is backed by the Dogecoin Foundation and House of Doge.
President Trump highlights federal crackdown on foreign cryptocurrency scam operations
President Donald Trump is highlighting a federal crackdown on overseas cryptocurrency scam networks targeting Americans.
Musk backs SpaceX and Tesla merger idea with combined Bitcoin holdings
Elon Musk said he supports the idea of merging Tesla with SpaceX during SpaceX's third-quarter earnings call. Both companies have formed special committees of independent directors to review the idea.
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