US Lawmakers Miss Crucial GENIUS Act Deadline, What’s Next For Stablecoin Issuers?
US federal regulators missed the July 18, 2026 deadline to finalize rules under the GENIUS Act, leaving stablecoin issuers without final compliance rules. The law still takes effect January 18, 2027, but proposals on reserves, liquidity, and custody remain in public review. BlackRock asked the OCC to drop a proposed 20% limit on tokenized reserve assets.
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