U.S. bank regulator OCC finalizes GENIUS Act stablecoin rule, rejects safe harbor

Existing stablecoin rewards programs will get no automatic pass under the OCC’s final GENIUS Act rule, which replaces its proposed framework with case-by-case scrutiny. The Office of the Comptroller of the Currency finalized the rule on October 21, 2026, becoming the first federal regulator to complete regulations under the law. Programs offered by Coinbase, PayPal […]