SEC. 5 › (g)

(g) .— Rulemaking

📜 Rulemaking Required🏛️ OCC

Bill Text

§5(g)📜 Rulemaking

(g) .— Rulemaking

Consistent with section 13, the primary Federal payment stablecoin regulators shall issue rules necessary for the regulation of the issuance of payment stablecoins, but may not impose requirements in addition to the requirements specified under section 4.

Parent Section

SEC. 5

APPROVAL OF SUBSIDIARIES OF INSURED DEPOSITORY ...

Regulatory Agencies

OCC

Office of the Comptroller of the Currency

Related Sections

Other sections under SEC. 5

SEC. 5 › (a)(a) .— Application SEC. 5 › (b)(b) .— Evaluation of Applications SEC. 5 › (c)(c) .— Factors to Be Considered SEC. 5 › (d)(d) .— Timing for Decision; Grounds for Denial SEC. 5 › (e)(e) .— Reports on Pending Applications SEC. 5 › (f)(f) .— Safe Harbor for Pending Applications