ABA, BPI urge OCC to delay action on proposed stablecoin reporting forms
The OCC should propose new reporting forms for stablecoin issuers only after it has finalized regulatory requirements for those companies, and it should work with other regulators to ensure forms for all issuers are substantially similar across agencies, ABA and Bank Policy…
The OCC should propose new reporting forms for stablecoin issuers only after it has finalized regulatory requirements for those companies, and it should work with other regulators to ensure forms for all issuers are substantially similar across agencies, ABA and Bank Policy…
BELLINGS Intelligence Score: 35
Why it matters
The ABA and BPI urging the OCC to delay stablecoin reporting forms is a notable regulatory development reflecting industry pushback and coordination challenges in stablecoin oversight, but it is not yet a finalized regulatory change or systemic intervention.
Sources
ABA Banking Journal
ABA, BPI urge OCC to delay action on proposed stablecoin reporting forms
The OCC should propose new reporting forms for stablecoin issuers only after it has finalized regulatory requirements for those companies, and it should work with other regulators to ensure forms for all issuers are substantially similar across agencies, ABA and Bank Policy…