OFFICE OF THE COMPTROLLER OF THE CURRENCY ISSUES PROPOSED RULE: IMPLEMENTING THE GUIDING AND ESTABLISHING NATIONAL INNOVATION FOR U.S. STABLECOINS ACT FOR THE ISSUANCE OF STABLECOINS BY ENTITIES SUBJECT TO THE JURISDICTION OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY

WASHINGTON, March 2 -- Office of the Comptroller of the Currency has issued a proposed rule called: Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the Office of the Comptroller of the Currency.

The proposed rule was published in the Federal Register on March 2 by Jonathan V. Gould, Comptroller of the Currency.

Summary: The Office of the Comptroller of the Currency (OCC) proposes to issue regulations to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act regarding the issuance of payment stablecoins and certain related activities by entities subject to the OCC's jurisdiction.

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