OCC Seeks Public Feedback on GENIUS Act Implementation Proposal

TheNewsCryptoPublicado em 2026-02-26Última atualização em 2026-02-26

Resumo

The Office of the Comptroller of the Currency (OCC) has proposed new rules to implement the GENIUS Act, which was enacted in July 2025 to regulate payment stablecoin issuers. The proposal, spanning 376 pages, aims to create a clear regulatory framework for stablecoin issuance and custody activities under OCC supervision. It excludes anti-money laundering and sanctions rules, which will be addressed separately. The public is invited to provide feedback within 60 days. The rules are expected to be updated after the GENIUS Act takes effect, potentially by January 2027. OCC Comptroller Jonathan V. Gould emphasized the importance of public input to shape an effective and practical final rule.

The OCC has proposed rules to implement the GENIUS Act, and aksing the public feedback for the proposal within 60 days of publication, as the move is aimed to support innovation while ensuring safety in the growing stablecoin market.

Firstly, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act was enacted on July 18, 2025, which establishes a regulatory framework for payment stablecoin issuer activities.​

According to the Office of the Comptroller of the Currency’s official statement on February 25, the proposal would create a clear framework for stablecoin issuers operating under its supervision, including rules related to issuance and certain custody activities.

Key Details of the Proposal

The proposal spans approximately 376 pages and notes, “The OCC will have regulatory or enforcement authority over certain permitted payment stablecoin issuers, including subsidiaries of national banks or Federal savings associations, Federal qualified payment stablecoin issuers, and State qualified payment stablecoin issuers subject to the OCC’s regulatory or enforcement authority.”

​However, rules related to anti-money laundering (AML), the Bank Secrecy Act, and sanctions (OFAC) are not included in this proposal. Those will be introduced separately in coordination with the U.S. Department of the Treasury.

​The proposal also noted that OCC anticipates that these implementing regulations will be updated in the years following the effective date of the GENIUS Act. Where the GENIUS Act’s effective date is the earlier of 18 months after the enactment date, which would be January 2027, after the primary Federal payment stablecoin regulators issue final regulations implementing the Act.

​Further, the Comptroller of the Currency, Jonathan V. Gould, said, “We welcome feedback on the proposal to inform a final rule that is effective, practical, and reflects a broad industry perspective. The OCC will continue its work to implement the GENIUS Act and provide OCC-regulated entities with more opportunities to meet the needs of their customers and communities,” noted in the OCC’s statement.

Highlighted Crypto News:

Nimiq Unveils SynapTrack AML Framework to Combat Cross-Chain Crypto Laundering

​

TagsCryptocurrencyGenius ACTocc

Perguntas relacionadas

QWhat is the main purpose of the OCC's proposed rules for the GENIUS Act?

AThe main purpose is to implement the GENIUS Act by creating a clear regulatory framework for stablecoin issuers, aimed at supporting innovation while ensuring safety in the stablecoin market.

QWhen was the GENIUS Act enacted and what does it establish?

AThe GENIUS Act was enacted on July 18, 2025, and it establishes a regulatory framework for payment stablecoin issuer activities.

QWhat types of entities will the OCC have regulatory authority over under this proposal?

AThe OCC will have regulatory or enforcement authority over certain permitted payment stablecoin issuers, including subsidiaries of national banks or Federal savings associations, Federal qualified payment stablecoin issuers, and State qualified payment stablecoin issuers subject to its authority.

QAre anti-money laundering (AML) and Bank Secrecy Act rules included in this proposal?

ANo, rules related to anti-money laundering (AML), the Bank Secrecy Act, and sanctions (OFAC) are not included in this proposal and will be introduced separately with the U.S. Department of the Treasury.

QWhat is the effective date for the GENIUS Act according to the proposal?

AThe effective date is the earlier of 18 months after the enactment date (which would be January 2027) or after the primary Federal payment stablecoin regulators issue final regulations implementing the Act.

Leituras Relacionadas

Blocked Its Own Treasure, WeChat AI Steps Up

Tencent's stock surged over 10% on June 2nd amid reports that WeChat, with 1.43 billion monthly users, is finalizing tests for a native AI Agent. The reported feature, accessible by swiping right from the main interface, allows users to issue commands in natural language. The AI then decomposes tasks and automatically calls upon relevant Mini Programs within WeChat to complete actions like ordering food, booking tickets, or making payments, creating a closed-loop service execution system. This strategic shift follows the internal conflict and subsequent "blocking" of Tencent's standalone AI app, Yuanbao, by WeChat for violating sharing rules during a 2026 Spring Festival promotion. The incident highlighted a lack of internal consensus and exposed the weakness of competing in the standalone AI assistant arena against rivals like ByteDance's Doubao (345M MAU) and Alibaba's Qianwen. The new WeChat AI Agent aims to leverage WeChat's unique assets—its massive user base, standardized Mini Program APIs, WeChat Pay, and identity system—to move from simple content generation to actual task execution. Analysts note this changes the competitive landscape from model benchmarks to which AI can connect to more real-world services. However, success depends on key variables: the capability of Tencent's underlying Hunyuan model, managing massive inference costs, and redesigning incentives for Mini Program developers whose traffic might be bypassed. The move is seen as an attempt to keep user service intent within WeChat's ecosystem as AI begins to redefine how users access services.

marsbitHá 7m

Blocked Its Own Treasure, WeChat AI Steps Up

marsbitHá 7m

ByteDance Adopts Arm CPUs, Jensen Huang: So Sad I Didn't Buy Arm

**Summary:** At Computex 2026, Arm CEO Rene Haas announced that ByteDance and Oracle have adopted Arm's self-designed Arm AGI data center CPU. The company expects significant revenue growth from this product, projecting $20 billion in demand for the 2027/2028 fiscal years. Haas noted that restricting AI-capable CPUs from the US to China is nearly impossible due to their widespread applications. Arm's stock has surged dramatically this year, notably rising 16% after NVIDIA's Arm-based Vera CPU and RTX Spark announcements. A highlight was the informal, humorous on-stage conversation between Haas and NVIDIA CEO Jensen Huang. Huang joked about NVIDIA's failed attempt to acquire Arm and playfully lamented selling his Arm shares. Both executives showed a clear sense of camaraderie and shared regret over the missed merger. Key technical topics were discussed: 1. **AI PC Design:** Huang explained NVIDIA's RTX Spark superchip (with a 20-core Arm CPU) is designed for future AI agents that will autonomously run and use tools on PCs, blending local and cloud processing. 2. **Agent vs. OS:** Huang emphasized the operating system remains crucial, as AI agents rely on its APIs and tools to function. 3. **Growth Constraints:** He identified the shift to "useful AI" that generates profitable tokens as a primary driver for immense, almost limitless, computational demand. Haas outlined Arm's strategy across PC and data centers. For PCs, Arm collaborates with partners like NVIDIA and MediaTek, offering its compute subsystem (CSS) for custom SoCs. In data centers, its Arm AGI CPU (built on TSMC's 3nm process) has gained major partners including OpenAI, Meta, and now ByteDance and Oracle. Arm presented a multi-year roadmap for its in-house CPU line. The article concludes that while GPUs dominated the AI training race, the explosion of AI agents is shifting significant focus to CPUs for inference, state management, and tool orchestration. The industry is trending towards vertical integration, with companies like cloud providers designing chips and chip/IP firms offering full solutions, all competing to deliver more efficient computing per watt.

marsbitHá 27m

ByteDance Adopts Arm CPUs, Jensen Huang: So Sad I Didn't Buy Arm

marsbitHá 27m

New Wall Street Play: Yen Shorts Still Adding, But Japan Stocks Don't Rely on Carry Trade Unwinding

On June 3rd, USD/JPY hit 160.44, its highest level since July 2024, while the Nikkei 225 surged past 68,000 points. Contrary to popular narratives of an imminent "carry trade unwind" akin to August 2024, data reveals a more complex picture. Speculative net short positions in yen futures have actually increased, reaching -114,667 contracts by late May, suggesting traders are doubling down rather than retreating. Meanwhile, Japan's Finance Ministry conducted its largest-ever single-round FX intervention (11.73 trillion yen) in April-May but failed to hold the 160 yen line. The Nikkei's rally is not driven by carry trade dynamics. Foreign investors are aggressively buying Japanese stocks, with net purchases in 2026 running nearly 16 times higher than 2025 levels. This inflow is concentrated in AI and semiconductor-related stocks like SoftBank and Socionext, fueled by positive sector outlooks, rather than being a flight from unwinding yen shorts. Furthermore, the Nikkei has continued climbing despite the Bank of Japan's (BOJ) rate hikes to 0.75%. This disconnect exists because the current equity boom is fueled by AI-driven foreign investment, not reliant on cheap yen funding. However, this relationship remains fragile. Should the BOJ hike rates further (e.g., to 1.0%) while dollar weakness increases carry trade costs, the trajectories of the yen and Japanese stocks could reconverge, potentially triggering volatility.

marsbitHá 32m

New Wall Street Play: Yen Shorts Still Adding, But Japan Stocks Don't Rely on Carry Trade Unwinding

marsbitHá 32m

Broadcom's Q3 Guidance Misses Expectations by $12 Billion, After-Hours Trading Plummets Over 13%, AI Narrative "Cooling"?

On June 3, Broadcom released record Q2 FY26 results with revenue of $22.19B, up 48% YoY, and AI chip sales of $10.8B, up 143%. Adjusted EPS of $2.44 beat estimates. However, its Q3 AI semiconductor revenue guidance of $16B, while up over 200% YoY, fell roughly $1.2B (7%) short of analyst consensus expectations of $17.2B. This miss, coupled with slightly weaker-than-expected software revenue, triggered a severe market reaction. CEO Hock Tan maintained the FY26 AI revenue outlook of over $100B but did not raise it, disappointing investors who had priced in more robust growth. The stock plummeted over 13% in after-hours trading, erasing roughly $270B in market cap. The sell-off extended to peers like Marvell. A key concern for markets, particularly for Chinese optical module suppliers, was Tan's comment that the contribution of AI networking (e.g., Ethernet switches, optical interconnect chips) to AI revenue, currently near 40%, is expected to normalize to around 30% over time, signaling a potential peak in growth for that segment. Despite the guidance shortfall, Tan reiterated that AI demand remains "insatiable" and reaffirmed the long-term target of exceeding $100B in AI revenue by FY27. The reaction highlights the heightened sensitivity and premium valuation placed on AI-exposed stocks, where anything less than stellar guidance can prompt significant profit-taking. The broader question is whether this represents a cooling AI narrative or a correction in overstretched valuations.

marsbitHá 32m

Broadcom's Q3 Guidance Misses Expectations by $12 Billion, After-Hours Trading Plummets Over 13%, AI Narrative "Cooling"?

marsbitHá 32m

Dogecoin Price Just Entered A Critical Level, But Analyst Says It’s Not Time To Buy

Dogecoin has returned to a major long-term level on its monthly chart, entering what analyst Trader Tardigrade identifies as a critical resistance zone. Historically, this zone within a massive descending broadening channel has seen only two visits in the past decade—in 2017 and 2020—each followed by a strong rejection and deep correction. The coin has already dropped 8% after testing this area. Crucially, the analyst's chart is inverted; the "resistance" line is actually a bullish support line on a normal price chart. Past rejections from this line preceded major rallies. Therefore, the current price action near $0.0937 is viewed as a return to support, with potential for an upward bounce. A move above $0.10 could signal improving sentiment, while a break above $0.25 would confirm a bounce from support. The inverted chart structure even suggests room for significant upside toward double-digit targets.

bitcoinistHá 46m

Dogecoin Price Just Entered A Critical Level, But Analyst Says It’s Not Time To Buy

bitcoinistHá 46m

Trading

Spot
Futuros
活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow