On February 25, 2026, the federal Office of the Comptroller of the Currency (OCC), published draft regulations for payment stablecoin issuers under the GENIUS Act. The proposed rules focus on stablecoin activities of entities that the OCC will supervise under the GENIUS Act, including stablecoin issuers that are owned or chartered as national banks, as well as certain federally licensed nonbanks and foreign stablecoin issuers operating in the US.
