Techub News reports, according to Cointelegraph, asset management giant BlackRock is urging the U.S. Office of the Comptroller of the Currency (OCC) to remove the 20% cap on tokenized reserve assets and expand the range of qualified assets in the GENIUS bill draft. BlackRock is the world's largest asset manager, managing over $10 trillion in assets. The company is actively entering the tokenized asset space, having previously launched an Ethereum-based tokenized money market fund. This statement indicates that traditional financial giants are pushing for a more relaxed regulatory framework for cryptocurrency assets.

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