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flag Banking groups and industry players urge OCC to delay stablecoin rule comments by 60 days for thorough review.

flag Four major banking trade groups and SIFMA have urged the OCC to extend the comment period on its proposed stablecoin rules by 60 days, citing the need for more time to review the complex regulations. flag Empty Set LLC also submitted comments, calling for AI governance standards in stablecoin oversight to address risks like algorithmic failures and bias. flag The requests highlight industry concerns over regulatory clarity, stakeholder input, and financial stability as the OCC develops rules for bank-issued stablecoins. flag The OCC has not yet responded.

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