Office of the Comptroller of the Currency

regulator

Last mentioned: Feb 26, 2026

Timeline

  1. Public Comment Period

    Industry stakeholders provide feedback on affiliate reward restrictions and yield bans.

  2. OCC Proposal Released

    The OCC formalizes the proposal to implement the GENIUS Act and bar stablecoin yields.

  3. CLARITY Act Vote

    Legislators move toward a final vote on the Clarity for Payment Stablecoins Act following regulatory alignment.

Stories mentioning Office of the Comptroller of the Currency 1

regulation Neutral

OCC Proposes Yield Ban on Stablecoins to Clear Path for CLARITY Act

The OCC has proposed new rules implementing the GENIUS Act, which would prohibit yield on payment stablecoins and crack down on affiliate reward programs. This move is designed to resolve the long-standing 'security vs. currency' debate and accelerate the passage of the CLARITY Act.

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