OCC Proposal Targets Stablecoin Yield Under GENIUS Framework
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
The Briefs section compiles short, high-importance updates across cryptocurrency, blockchain, digital asset markets, regulation, venture activity, exchanges, and product launches. It is built for readers who want fast access to material developments without the length or structure of full reported features. This page serves as a running editorial feed for time-sensitive items that can affect sentiment, pricing, policy, or sector direction. It complements longer news and analysis by offering a condensed format for tracking the pace of change across the crypto industry.
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
Gate obtained a Malta Payment Institution license under PSD2, enabling regulated fiat and stablecoin payment services across the European Union.
AllUnity, backed by Deutsche Bank’s asset management arm, has launched CHFAU, a Swiss franc-pegged stablecoin for institutional clients under MiCA compliance.
Hong Kong plans to approve its first stablecoin issuer licenses in March as part of a broader push to formalize digital asset regulation. The government will also introduce new rules for crypto dealers and…
Austria’s financial regulator has barred KuCoin’s EU entity from onboarding new customers, citing gaps in key AML and sanctions compliance roles.
Crypto.com has received conditional approval for a national bank trust charter from the OCC, signaling continued regulatory engagement with digital asset firms seeking federal oversight.
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.
A federal judge granted Kalshi a preliminary injunction preventing Tennessee from enforcing state betting laws against its event contracts during ongoing litigation.
Bybit EU launched new campaigns centered on USDC and EURC to expand regulated stablecoin usage across trading, savings, and payments in Europe.
Ripple CEO Brad Garlinghouse said the Clarity Act has a high likelihood of passing by April, citing renewed regulatory momentum in Washington.
Nevada has filed a civil enforcement action against Kalshi after a federal appeals court denied the firm’s attempt to block state regulatory action.
Kraken will sponsor savings accounts for all Wyoming newborns in 2026, reinforcing its alignment with crypto-friendly state policy and long-term regulatory positioning.