Oct21 OCC Finalizes GENIUS Act Rule

The Office of the Comptroller of the Currency (OCC) has finalized regulations implementing the GENIUS Act, establishing a federal regulatory framework for payment stablecoin issuers. While the final rule represents an important step toward providing regulatory clarity and establishing safeguards for the emerging stablecoin market, the Ohio Bankers League (OBL) is disappointed that the OCC has removed key provisions intended to prevent stablecoin issuers from circumventing the law's prohibition on paying interest or yield.

Oct14 OBL Joins National Call for Practical, Balanced CRA Updates
The OBL has joined 45 state bankers associations in urging federal banking regulators to preserve the core framework of the Community Reinvestment Act (CRA) while making targeted changes to improve regulatory clarity, better tailor examinations and reduce unnecessary compliance burdens. 

Oct07 Join BankChain Alliance
Formed by state bankers associations representing thousands of financial institutions nationwide, BankChain Alliance is creating an industry-owned, industry-designed, and industry-governed tokenized deposit network and is now offering inaugural membership to U.S. Banks. Membership gives your bank the opportunity to engage early, help shape the roadmap, and participate in the governance and working groups that will guide the Alliance's next phase.