OCC Chief Says Final GENIUS Act Rules Coming by November

US Comptroller of the Currency Jonathan Gould said his agency plans to release final rules implementing the GENIUS Act’s stablecoin framework by November. Speaking Wednesday at the Wyoming Blockchain Symposium, Gould confirmed the Office of the Comptroller of the Currency is finalizing regulations ahead of the law’s scheduled January 2027 effective date.

Feedback Period Wraps Up After February Proposal

The OCC initially released a 376-page proposal outlining implementation rules back in February, opening a public comment period for industry feedback. Gould said the agency is incorporating that input as it works toward the November deadline, adding that stablecoin issuer applications could begin processing sometime in 2027.

About the GENIUS Act

Signed into law in July 2025, the GENIUS Act establishes a regulatory framework for payment stablecoins in the US, requiring coordinated rulemaking from multiple agencies, including the OCC, Treasury Department, FDIC, and Federal Reserve Board.

Other Regulators Still Behind Schedule

While several agencies have published proposals and gathered public comments on GENIUS Act implementation, most had not finalized their rules by July, despite a January 18 statutory deadline for completion. That delay has raised concerns about regulatory uncertainty for stablecoin issuers as the law’s effective date approaches.