The @USOCC has published its final rules for implementing the #GENIUSAct. It sets out requirements for stablecoin issuers under its supervision, along with rules for custody activities at OCC-supervised banks.
For US banks, this establishes a clear framework for one form of regulated #digitalmoney. Many will now be weighing #stablecoins, #tokeniseddeposits, or both.
Whichever route they take, the same questions follow: how these assets connect to existing systems, how they move between institutions, and how #payments can be programmed and settled synchronously.
That's where Quant steps in; creating corridors for the world's digital money.
Read the full release here: https://t.co/nH6Q1Yzc9q
The rule and the Act will take effect on 18 January 2027. The OCC will confirm separately when it opens applications, and rules on AML and sanctions will follow in a separate rulemaking with the US Treasury.
@BitcoinStrat 10 thousand coin(2m $) is not a big deal for a coin with 3 billion mc.. you are more than this mate.. I follow your every video and x messages.. market maker play the game and left all retail sided before the main run..
$QNT
I am still watching $182.57 as wave 4 support; if it holds and the recovery develops, another high remains possible, with $360 and $430 the main resistance areas.
🇬🇧Most still don't see UK GBTD's taking it's next steps
And $QNT seems to have an even BIGGER role now
This is thru UK Gov selecting 4 GBTD banks for tokenized bonds with tokenized money.
HSBC Orion & LSEG will be key components here
And there's 2 focal points screaming Quant
First is legacy to DLT and multi chain interoperability.
The platform will utilize solutions across LSEG's digital markets and tokenized money settlement infra with bonds hosted on HSBC Orion.
We've already seen from QuantNet that HSBC Orion is a supported banking DLT here.
And the hints of HSBC in UK GBTD should make that all the more clear.
(HSBC Orion is built on $CC Canton Network)
There are more hints to Canton Network here such as LSEG's DiSH utilizing Canton infrastructure.
We also know LSEG was recently appointed as a validator on the Canton Network too.
And Quant has also verified that Canton is one of the supported architectures in Overledger.
The other key piece here is the involvement of CREST
Another solution that QuantNet supports.
This one's especially interesting as we recently saw a legal notice of how ALL UK listed shares are to be settled thru CREST.
––––
Tokenized Deposits are now running rampant in finance
In the past couple months we've seen
First live tokenized deposit TX enabled thru UK GBTD
US banking giants beginning to establish via TCH's initiative using Overledger.
Japan's stablecoin proof of concept & them now megabanks there building on tokenized deposits
Canada's leading banks also now building around the same banking solution
And it seems with UK GBTD being the first... They're already taking the next steps.
Tokenized Money 🤝 Tokenized Capital Markets
@BitcoinStrat with this marketing team,it seems not possible they only forward 2-3 years old text documents.. @gverdian did even not care to send a few words about Qnt token utility.. if it pumps like crazy
i am sure there will be any retail investor.. smells so much UK finance tricks..
@BullBearSignals Mate I think it is time to accept you were wrong, like all of us, there are many people follows you.. a few weeks already passed and nothing will change in weeks..
@BullBearSignals I think marker maker is not belong to Quant, it is a mm who came for profit only.. I will say it again, probably it is Wintermute and they killed many projects for their profit..
@BullBearSignals when hype was 5-10usd people was talking it is overvalued etc.. but after they understand the mechanism of token utility.. it went up only.. Quant will be same but more wild.. but I don’t like team’s attitude.. they don’t give a fuck about community
@BullBearSignals Bro we were all wrong.. I think we should accept it no place to ignore. I have even bought 240 and 220 but team does not care about retail.. they forward same texts from 1-2 years before.. really so unprofessional marketing.. they did not even care about the fud about $qnt utilit