The Federal Deposit Insurance Corporation (FDIC) has scheduled a board meeting for April 7 to finalize rules for U.S. banks issuing stablecoins under the GENIUS Act. This meeting, announced with less than a week's notice, will address key regulatory frameworks, including anti-money laundering standards and the use of reputation risk by regulators. The GENIUS Act, signed into law by President Trump on July 18, 2025, aims to establish a federal framework for stablecoins, with implementation rules due by July 18, 2026. The FDIC's proposed rulemaking will focus on requirements for FDIC-supervised stablecoin issuers, marking a significant step in integrating traditional banks into the stablecoin market. Federal Reserve Governor Michael Barr emphasized the importance of implementation details, particularly concerning reserve requirements and consumer protections. Meanwhile, the CLARITY Act, another major crypto legislation, is also progressing, with a Senate Banking Committee markup expected in late April. Senator Bernie Moreno has warned that missing the May deadline for the CLARITY Act could delay crypto legislation for years.