OCC Head Promises Final GENIUS Rules by November

OCC Head Promises Final GENIUS Rules by November

Jonathan Gould, who heads the US Office of the Comptroller of the Currency, said that the agency could begin processing applications for stablecoin issuers starting in 2027.

OCC targets November for final GENIUS Act rules

The Office of the Comptroller of the Currency has set a November target for completing its GENIUS Act regulations after receiving industry feedback on its proposed stablecoin framework. Crypto journalist Eleanor Terrett reported in an Aug. 19 X post that…

OCC Moves to Finalize GENIUS Act Stablecoin Rules: Key Takeaways

The Office of the Comptroller of the Currency is moving to finalize its GENIUS Act stablecoin rules, with Comptroller Jonathan V. Gould saying the agency expects a final rule out by November 2026 that would bring payment stablecoin issuers inside the federal banking regulator's supervisory perimeter.Read more...

Federal regulators rush to set stablecoin rules by November

The Office of the Comptroller of the Currency is pushing to finalize rules by November that would implement the GENIUS Act, a federal law governing stablecoins signed by President Trump. For readers unfamiliar with the term, stablecoins are a type of cryptocurrency designed to hold a steady value, typically pegged to the U.S. dollar. They have become one of the most widely used forms of digital currency for everyday transactions and internationa…

Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules

OCC Comptroller Jonathan Gould told the Wyoming Blockchain Symposium the agency is moving at a rapid pace to beat a January statutory deadline, after already missing an earlier July target.