🚨 BLACKROCK WANTS NO CAP ON TOKENIZED RESERVES


BlackRock is urging the OCC to drop a proposed 20% cap on tokenized reserve assets under the GENIUS Act rules. The asset manager says reserve risk should be judged by credit quality, liquidity, and duration, not whether the asset sits on a blockchain. It also wants Treasury ETFs and other Treasury-based products to count as eligible assets. #crypto
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