The GENIUS Act is reshaping US stablecoin oversight, pushing issuers toward bank-like compliance while regulators and industry players race to meet rolling deadlines.
US regulatory agencies missed the GENIUS Act's mandated deadline for finalizing stablecoin rules, with a former SEC counsel stating the act 'has faltered in implementation.' The deadline miss compresses the implementation window for stablecoin issuers and leaves the regulatory framework for bank-integrated stablecoin infrastructure unresolved.
