Cointelegraph October 21, 2026

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

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