OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January 2027 effective date.
The US Comptroller of the Currency, Jonathan Gould, has announced that the Office of the Comptroller of the Currency (OCC) will have finalized rules related to the implementation of a payment stablecoin law by November. This was disclosed during a speech at the Wyoming Blockchain Symposium. The OCC's proposal to implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act was released in February, inviting public comment on the rules.
The GENIUS Act, passed in July 2025, aims to establish a regulatory framework for payment stablecoins in the US, mandating rules from various government agencies such as the OCC, Treasury Department, FDIC, and Federal Reserve Board. Despite the OCC's February proposal, only until January 18 will government agencies finalize the regulations due to the law's January 2027 enactment.
Multiple regulators have published proposals and gathered public feedback on implementing GENIUS, but did not release finalized rules by July, potentially causing regulatory uncertainty for stablecoin issuers.
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