"On October 21, 2026, the Office of the Comptroller of the Currency (OCC) issued a final rule implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) for entities subject to OCC jurisdiction. The rule sets out a federal framework for payment stablecoin issuance, reserve management, redemption, custody, capital, supervision, and licensing. It takes effect January 18, 2027." [Article/image: source]
GENIUS ACT RULES FINALIZED - DIGITAL CONVERSION OF GLOBAL FINANCE BEGINS - THE WORLD WILL NEVER BE THE SAME
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ORIGINAL POST [EXCERPTED] GENIUS ACT JULY 2025 - Virtual money controlled by private entities [read full at link]:
7-18-25 Red Alert: US Passes 'GENIUS Act' - Adopts 'Stablecoins' Enabling Transformation Of Global Finance To Digital-Currency Controlled By Private Entities
The GENIUS Bill, which stands for "Guiding and Establishing National Innovation for U.S. Stablecoin" .. With its passage, the U.S. is now formally adopting a new set of rules for cryptocurrencies..
Stablecoins are a hot emerging part of the crypto sector. Key industry players believe stablecoins will allow people and companies the ability to transfer money as digital currency anywhere in the world instantaneously, regardless of borders, without onerous and expensive bank or money transfer fees --- They believe that the world of credit cards or wire transfers will be completely upended once they are adopted widely...
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Read the above [see post] carefully. It signals a "sea change" say they. It will upend the world of credit cards say they. It will fundamentally change the world of commerce say they. It is about to become the DEFAULT payment option for millions say they...
Very important to note this stablecoins system is not run by the government but is privatized - but under so-called "government regulations". Which means nothing in reality because any way you slice it it's the digital transformation going forward. It is not run by governments of any country - because it is essentially designed to be a "global system". A global digital financial-system not in the hands of the governments of the various nations but in the hands of private parties is the reality of 'stablecoins'. And the US is now leading the way.
Digital money means the end of cash. Digital money means a system of credits on a screen. Cashless credit system means freedom is non-existent. Digital currency means every penny tracked and every transaction recorded.. [see full post]
The takeaway for today is be aware -- The timeline for completing the absolute total conversion of Cash-to-Code Worldwide is not knowable - Perhaps it will be here and there for a while .. this place won't take cash anymnore.. this place over here digital crypto accepted only.. or could be all-in-one an overnight bank crash at some point - no way to know -- But what is known is the very real digital-conversion of global finance the FIRST phase-in actually begins in two months July 18, 2027 - And you will be there.. be informed
Rev. 18:4

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