GENIUS Act stablecoin rules finalization deadline
Under the US GENIUS Act, six federal regulators (OCC, FDIC, NCUA, Treasury, FinCEN and OFAC) were required to finalize rules for dollar backed stablecoin issuers by 18 July 2026, a framework that could affect regulatory clarity for stablecoins such as USDT used in informal Iranian currency trading. By the deadline none had issued final rules; only proposed rules were published, pushing finalization toward late 2026 or early 2027.
Recorded figures
- Status
- missed
- Reason
- None of the six federal regulators (OCC, FDIC, NCUA, Treasury, FinCEN, OFAC) issued final rules by the 18 July 2026 statutory deadline; only proposed rules were published, with comment periods having closed 9 June 2026.
As of Jul 18, 2026
Sources
Office of the Comptroller of the Currency · OCC
Cited Jul 2, 2026
Federal Register · Federal Register
Cited Jul 2, 2026
Crypto Briefing · Crypto Briefing
US regulators miss GENIUS Act's one-year deadline for stablecoin rules; none of the six agencies issued final regulations by July 18, 2026.
Cited Jul 19, 2026
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