U.S. Office of the Comptroller of the Currency (OCC) Chief Jonathan Gould stated that the final rule implementing the GENIUS Act is expected to be published no later than the end of October. Gould indicated the regulation will be released "in the near term," setting a definitive timeline for the stablecoin legislation's implementation framework.
The upcoming publication marks a critical step in establishing federal oversight for stablecoin issuers under the GENIUS Act. The OCC's final rule will provide the regulatory structure necessary for national banks and federal savings associations to engage in stablecoin activities under the new legislative mandate.
OCC Chief: Final GENIUS Act Rule Expected by End of October
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