Stablecoins dominated the regulatory agenda the last two weeks. The OCC published a 370+ page proposed document on GENIUS Act implementation, covering everything from licensing requirements to reserve asset rules to the thorny question of stablecoin interest payments. But that's just one of five developments Elliptic's David Carlisle tracked in his biweekly Crypto regulatory affairs: ➡️ UK FCA selects its first stablecoin sandbox cohort ➡️ The Fed moves to remove "reputation risk" from bank supervision ➡️ SEC staff issue guidance on stablecoin net capital treatment ➡️ South Korea reviews cryptoasset custody protocols after security breach Read our latest regulatory roundup for the full analysis. Link in the comments 👇