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OCC proposed rulemaking implementing the GENIUS Act
On February 25, 2026, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (Proposed Rule) to implement the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act).1 The GENIUS Act, enacted on July 18, 2025, established a regulatory framework for the issuance of payment stablecoins.2 The GENIUS Act generally prohibits (i) any person other than a permitted payment stablecoin issuer from issuing a payment stablecoin in the United...
OCC proposed rulemaking implementing the GENIUS Act
United StatesGlobal United StatesGlobal United StatesGlobal On February 25, 2026, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (Proposed Rule) to implement the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act).1 The GENIUS Act, enacted on July 18, 2025, established a regulatory framework for the issuance of payment stablecoins.2 The GENIUS Act generally prohibits (i) any person other than a permitted payment...
FDIC Approves Proposal To Establish GENIUS Act Application Procedures For FDIC-Supervised Institutions Seeking To Issue Payment stablecoins | JD Supra
On December 16, 2025, the Federal Deposit Insurance Corporation (FDIC) approved a notice of Proposed Rulemaking (Proposed Rule) that upon adoption will implement the federal statutory framework for applications for issuance of payment stablecoins and related activities by subsidiaries of FDIC-supervised institutions for which the FDIC is the primary federal payment stablecoin regulator.1 Under the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act),2 subject to...
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