Senate hearing for U.S. bank regulators thrusts crypto into starring role

Before the Senate Banking Committee gaveled its banking-oversight hearing to a start, crypto claimed much of the oxygen, including in an OCC policy push. What to know : Before the U.S. Senate Banking Committee opened its routine hearing with banking agencies, crypto issues were already promising to take up some of the attention of lawmakers and the regulators appearing before them. On the eve of the hearing, the Office of the Comptroller of the Currency issued rule proposals seeking to implement last year's GENIUS Act to govern stablecoin issuers.