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BlackRock supports the stablecoin framework of the GENIUS Act and proposes 7 recommendations
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BlackRock supports the stablecoin framework of the OCC's GENIUS Act and calls for expanding reserve eligibility for ETFs and money market funds.
- BlackRock supports OCC's proposed stablecoin regulation under the GENIUS Act framework
- Asset managers want government ETFs and money market funds to be considered valid reserves.
- BlackRock urges the OCC to remove the proposed 20% limit on tokenized reserves.
$BTC #GateSquareMayTradingShare