OCC approves GENIUS Act, bans direct interest on stablecoins but allows bonuses
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🚨 OCC approves GENIUS Act, banning direct interest payments on $USDT but allowing bonuses.
🎯 Coinbase and Kraken can keep offering rewards on stablecoin balances under new rules.
📈 US banks lost push for a total ban on stablecoin rewards, stricter oversight begins in 2027.
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