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Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
DE
Decrypt Editorial(09:31 AM UTC)
1 min read
In brief
- OCC head Jonathan Gould said Wednesday the agency will finalize its GENIUS Act stablecoin rules by November, racing to meet a Jan. 18 statutory deadline before the law takes effect in January 2027 after blowing past an earlier July target.
- The 376-page proposal, released in February and open for comment through May, covers the full life cycle of a payment stablecoin—reserves, redemption…
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