U.S. Stablecoin Rules Stall as Regulators Miss GENIUS Act Deadline

U.S. regulators missed the July 18 deadline, leaving key GENIUS Act stablecoin rules unfinished for issuers. Major proposals on reserves, redemptions, capital, custody, and compliance remain under federal review. The law still takes effect by January 18, 2027, unless final regulations trigger an earlier operational start. Issuers, banks, and exchanges now face months of planning [...]

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