X @Consensys.eth
Consensys.eth·2026-05-01 19:07

RT Bill Hughes 🦊 (@BillHughesDC)We @Consensys filed a comment letter with the @USOCC today on its GENIUS Act rulemaking focusing on issuers. We support the framework overall but flagged three places where the proposed rule could be tightened up to comport with what the statute authorizes and sound pro-innovation policy.The GENIUS Act prohibits issuers from paying yield to holders, but the OCC extends this by regulation to independent distribution partners. This is conduct Congress specifically declined to p ...

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