CryptoNeutralcrypto.news · 20h ago7/10
⛓️
Banks push back on GENIUS Act rules as Agora races for a federal charter
Major US banking trade groups have requested the Treasury Department and FDIC delay three GENIUS Act rulemaking comment periods until the OCC completes its stablecoin framework, while stablecoin startup Agora simultaneously filed for a national trust bank charter. This reflects ongoing regulatory tension between traditional banking interests and emerging digital asset platforms seeking federal authorization.
