SEC. 7 โ€บ (d)

(d) .โ€” Rulemaking

๐Ÿ“œ Rulemaking Required๐Ÿ›๏ธ OCClicensingstate-regulation

Bill Text

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ยง7(d)๐Ÿ“œ Rulemaking

(d) .โ€” Rulemaking

A State payment stablecoin regulator may issue orders and rules under section 4 applicable to State qualified payment stablecoin issuers to the same extent as the primary Federal payment stablecoin regulators issue orders and rules under section 4 applicable to permitted payment stablecoin issuers that are not State qualified payment stablecoin issuers.