Fed Misses GENIUS Act Deadline, Squeezing Stablecoin Issuers
- —Fed missed the July 18, 2026 statutory rulemaking deadline by over two months
- —Proposal landed September 29; comments run through November 30
- —No final rule can trigger the 120-day early transition under Section 108
- —OCC says its final bank standards will arrive by end-October
Why it matters: Stablecoin issuers face a compressed window between final rules and mandatory compliance on January 18, 2027, with Treasury, FDIC, NCUA and Fed dockets still unaligned.
Source: NullTX