PANews February 26 News: The U.S. Office of the Comptroller of the Currency (OCC) has issued proposed rules to establish regulatory requirements for “permitted payment stablecoin issuers” within its jurisdiction, as well as for foreign issuers and certain custodial services; provisions related to BSA/AML and OFAC sanctions will be developed separately by the Treasury Department. Public comments are due within 60 days after publication in the Federal Register.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Thailand’s SEC plans to bring the hidden funding parties behind crypto companies into shareholder oversight reviews
The Thai Securities and Exchange Commission proposes bringing into regulation the sources of funds behind crypto-asset company shareholders, aiming to curb hidden capital flows and the infiltration of illegal funds. This proposal includes reviews for both directly and indirectly supporting parties, and for shareholders of government-related entities, it only examines their shareholdings.
GateNews1h ago
Thailand proposes tighter scrutiny of funders behind crypto firms
Thailand’s securities regulator is seeking to curb money laundering and technology-related crimes by tightening funding rules for cryptocurrency companies.
The Securities and Exchange Commission of Thailand (Thai SEC) on Monday proposed expanding approval requirements for crypto businesses to
Cointelegraph1h ago
South Korea takes away exchange discretion in a major anti-phishing crackdown
South Korea's financial regulators have mandated that all domestic crypto exchanges implement a uniform withdrawal delay system to combat voice phishing scams. This decision removes prior flexibility for platforms in managing withdrawal exceptions, aiming to give victims time to reconsider transactions.
CoinDesk2h ago
White House CEA: Banning stablecoin yields will have little to no impact on community banks; USDC rewards can still be profitable
The White House Council of Economic Advisers released a report stating that prohibiting crypto companies from offering stablecoin yield will have a negligible impact on community banks, with traditional loan growth of only 0.02%. The report said the ban deprives consumers of competitive returns and reflects tensions between the crypto industry and banking. The conclusion differs significantly from the risks warned by the Community Bankers Association, and could have potential effects on the market and investors.
GateNews3h ago
U.S. SEC Chair Terminates “Enforcement-Style Regulation,” Says 7 Crypto Cases from the Previous Administration Were a Misallocation of Resources
Gate News update: On April 8, U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins announced that he has ended “enforcement-led regulation,” and said that the seven crypto-related registration cases brought by the previous administration were a “misallocation of resources,” providing no direct benefit to investors.
GateNews3h ago
