SEC. 18

SEC. 18. EXCEPTION FOR FOREIGN PAYMENT STABLECOIN ISSUERS AND RECIPROCITY FOR PAYMENT STABLECOINS ISSUED IN OVERSEAS JURISDICTIONS

📜 Rulemaking Required🏛️ OCC 🏛️ Treasuryforeign-issuers

Bill Text

§18📜 Rulemaking

§18(a)

The prohibitions under section 3 shall not apply to a foreign payment stablecoin issuer if all of the following apply:

§18(b)

§18(c)

§18(d)

Office of the Comptroller of the Currency

Department of the Treasury