OCC to Release GENIUS Act Final Rules in November

The OCC moving first among the agencies tasked with implementing the GENIUS Act gives it outsized influence over how the federal stablecoin regime is actually shaped, since Treasury and the FDIC still have to finish their own rules before the law takes effect. The November release will show how far the agency bent toward industry feedback on its February proposal — the substance of those changes matters more than the timing. The open question is whether the other agencies can match the OCC's pace, or whether a partial rulebook leaves issuers facing an uneven compliance picture ahead of the effective date.