The U.S. Comptroller of the Currency, Jonathan Gould, stated that his agency will publish the final rules for implementing the stablecoin payments law by November.
Speaking at the Wyoming Blockchain Symposium on Wednesday, the regulator announced that after the Office of the Comptroller of the Currency (OCC) published the proposed rules for implementing the U.S. Stablecoin Guidelines and National Innovation Act ($GENIUS), the OCC will publish the final rules before the law takes effect in January 2027.
Gould stated that the OCC "will publish the final rule by November," as the agency considered feedback from the cryptocurrency industry after publishing the proposed rules in February. He added that he expects the regulator to begin processing applications from stablecoin issuers in 2027.
The $GENIUS Act, signed in July 2025, aims to create a regulatory framework for payment stablecoins in the United States and requires the government agencies overseeing these products, including the OCC, the Department of the Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve, to develop appropriate regulations.
In February, the OCC published a 376-page proposed rule for implementing the $GENIUS Act. Government agencies have only until January 18, when the law takes effect, to complete the rulemaking process. Several regulators have already published proposals and gathered public feedback regarding the implementation of $GENIUS but have not published final rules by July, creating regulatory uncertainty for stablecoin issuers.
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