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The U.S. Office of the Comptroller of the Currency has proposed weekly and quarterly reporting forms for stablecoin issuers, according to NewsBitcoin.
The revised forms are designed to monitor the financial condition and activities of approved payment stablecoin issuers. The proposal was first introduced in June and later revised to reflect public feedback and final rules under the GENIUS Act.
Subject to approval from the U.S. Office of Management and Budget, the first weekly reporting date would be Jan. 25. The first quarterly reporting date was proposed for March 31.