News
Canada caps stablecoin redemption fees at 1% and bans yield
Canada's draft stablecoin regulations cap redemption fees at 1%, ban yield, and require Canadian custody, with rules targeted for fall 2027.
Canada's draft stablecoin regulations cap redemption fees at 1%, ban yield, and require Canadian custody, with rules targeted for fall 2027.
The OCC finalized GENIUS Act rules for stablecoin issuers, effective January 18, 2027, establishing a concrete framework for federally chartered banks.
The Federal Reserve Board published proposed application procedures for insured State member banks seeking approval for subsidiaries to issue payment stablecoins under the GENIUS Act.
The Federal Reserve Board has opened two GENIUS Act proposals for public comment, outlining reserve, capital, and ID rules for payment stablecoin issuers it supervises.