The post BlackRock Urges OCC to Drop 20% Cap Under GENIUS Act appeared first on Coinpedia Fintech News BlackRock has urged the Office of the Comptroller of theThe post BlackRock Urges OCC to Drop 20% Cap Under GENIUS Act appeared first on Coinpedia Fintech News BlackRock has urged the Office of the Comptroller of the
BlackRock Urges OCC to Drop 20% Cap Under GENIUS Act
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
The post BlackRock Urges OCC to Drop 20% Cap Under GENIUS Act appeared first on Coinpedia Fintech News
BlackRock has urged the Office of the Comptroller of the Currency to eliminate a proposed 20% cap on tokenized reserve assets under the GENIUS Act. In a detailed letter, the firm argued that risk depends on asset quality and liquidity—not whether reserves are on blockchain. BlackRock warned the cap could limit growth of tokenized products like BUIDL. The move comes as tokenized real-world assets surge, with rapid growth expected ahead of the law’s 2027 implementation.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Top U.S. economist says Gold reversal is imminent
The post Top U.S. economist says Gold reversal is imminent appeared on BitcoinEthereumNews.com. Considering its traditional position as a ‘safe haven’ asset and
Share
BitcoinEthereumNews2026/04/02 18:10
Disgraced comedian returns to mainstream after admitting to sexual misconduct
Comedian Louis C.K., who was accused of and admitted to sexual harassment, was slated to get a second chance at one of the world's most iconic venues. Netflix said
Share
Rawstory2026/04/03 04:30
Western Digital (WDC) Stock: Wall Street Raises Price Targets After Strong Q3 Earnings
TLDR WDC reported Q3 FY26 EPS of $2.72, beating estimates of $2.39, with revenue of $3.34B — up 45% year over year Multiple analysts raised price targets, with
Share
Coincentral2026/05/04 22:44
