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FRS RIN: 7100-AH03 Publication ID: 2026 
Title: ●Regulations to Implement the GENIUS Act 
Abstract:

The Board of Governors of the Federal Reserve System (Board) is required to issue regulations to implement its responsibilities under the GENIUS Act, which became law on July 18, 2025. Similar regulations must be promulgated by the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA), and the agencies must coordinate on their rulemakings. The Board's notice of proposed rulemaking will include a proposal on capital, liquidity, reserve asset diversification, and risk management requirements on stablecoin issuers regulated by the Board.

 
Agency: Federal Reserve System(FRS)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 14192 Designation: Fully or Partially Exempt 
CFR Citation: 12 CFR 245   
Legal Authority: 12 U.S.C. 5901, et. seq.   
Legal Deadline:
Action Source Description Date
NPRM  Statutory    07/18/2026 
Timetable:
Action Date FR Cite
Proposed Rule  07/00/2026 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Asad Kudiya
Associate General Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-3000

Kelley O'Mara
Special Counsel
Federal Reserve System
Constitution Avenue and C Street ,
Washington, DC 20551
Phone:202 452-3000