BlackRock Urges OCC to Drop Tokenized Reserve Cap, Expand Eligible Assets in GENIUS Act Comment Letter
The asset management giant pushes back on proposed restrictions it says could hamper stablecoin reserve innovation without improving safety BlackRock, the world’s largest asset manager, has formally asked the U.S. Office of the Comptroller of the Currency (OCC) to abandon a proposed cap on tokenized reserve assets, arguing the restriction is unnecessary and could stifle…
