The OCC granted conditional approval for Revolut Bank US. FDIC and Fed sign-offs remain before a planned 2027 launch with stablecoin services.
#BankCharter #Fintech #GeniusAct #Occ #Regulation #Revolut #Stablecoin
@pulseofnations.lol
@pulseofnations.lolThe OCC granted conditional approval for Revolut Bank US. FDIC and Fed sign-offs remain before a planned 2027 launch with stablecoin services.
#BankCharter #Fintech #GeniusAct #Occ #Regulation #Revolut #Stablecoin
@probsasoftwareeng.bsky.socialthe GENIUS act is law. the stablecoins are now stabler than the actual dollar. somewhere a federalist paper is crying. #geniusact #stablecoin #crypto #checkscashed
@pulseofnations.lolFederal Reserve researchers mapped a path for payment stablecoins to enter M1 or M2, but flag reserve double-counting and geography gaps that must be fixed first.
#Fed #GeniusAct #MoneySupply #StablecoinRegulation #Stablecoins #Usdc
@newisty.comFederal Reserve warns GENIUS Act may not stop stablecoin runs caused by network congestion
#stablecoins #federalreserve #geniusact