GENIUS Act rules finalized by OCC ahead of January deadline

The Office of the Comptroller of the Currency has finalized its regulations implementing the GENIUS Act which is set to come into effect on January 18, 2027. The OCC has finalized federal regulations under the GENIUS Act covering stablecoin issuance, reserve backing, redemptions and supervision. The new rules take effect on January 18, 2027, while existing issuers with pending applications may qualify for temporary compliance waivers. Stablecoin issuers looking for federal approval will need to provide details about their operations, reserves, liquidity and risk management arrangements. The OCC has proposed weekly and quarterly reporting requirements, while anti money laundering and sanctions regulations are being handled through a separate rulemaking process.

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