The Office of the Comptroller of the Currency finalized its GENIUS Act rule, removing the prior presumption that stablecoins qualify as yield-bearing instruments. The change clarifies regulatory treatment for bank-issued and supervised stablecoin products under the new framework.
Trump highlighted a nearly $1 billion freeze on scam-linked crypto assets, while Solana activated its Alpenglow upgrade on mainnet. France is pushing EU regulators to hold centralized exchanges liable for certain DeFi incidents, signaling a potential expansion of exchange responsibility beyond direct trading operations.
OCC Drops Stablecoin Yield Presumption in Final GENIUS Act Rule; Solana Activates Alpenglow on Mainnet
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