Banking group asks for more time to comment on US stablecoin bill
Burns Brief
The letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized.
Key Takeaways
- The letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized