Dossier
stablecoin rules
Coverage of stablecoin rules in the Nexus archive.
- Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
OCC Comptroller Jonathan Gould stated that the agency is moving at a rapid pace to finalize stablecoin rules related to the GENIUS Act. He announced this update during the Wyoming Blockchain Symposium, noting that the goal is now to meet a January statutory deadline after missing an earlier target in July.
- Tether, Georgia plan lari-backed stablecoin GELT under new rules
Georgia’s central bank has established new stablecoin regulations, including reserve backing requirements, issuer documentation, and external auditor verification. The rules are part of a collaboration with Tether to launch GELT, a stablecoin backed by Georgia’s national currency, the lari.