GENIUS Act stablecoin rules: full implementation not expected before 2027
- —GENIUS Act was enacted on July 18, 2025, but applies only after final agency rules
- —Treasury published a proposed rule on August 17, 2026 — an NPRM, not final law
- —The OCC aims to publish its final rule by November 2026
- —The central effective date is January 18, 2027, or 120 days after final rules
Why it matters: Until 2027, US stablecoin issuers face legal uncertainty, which could slow institutional adoption and licensing.
Source: CryptoTicker