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OCC aims to finalize GENIUS Act stablecoin rules by end of October
The U.S. Office of the Comptroller of the Currency said it expects to publish the final stablecoin rule under the GENIUS Act by the end of October, earlier than a November target. Comptroller Jonathan Gould announced the timeline during DC Fintech Week, describing the release as “in the very near term.” The GENIUS Act, signed on July 18, 2025, establishes federal requirements for payment stablecoins, such as reserve backing and AML compliance. The OCC’s 376‑page proposal, issued in February 2026, details reserve management, capital requirements, audits and supervision. The Act is set to take effect on January 18, 2027, or 120 days after final rules are issued.