OCC corrects effective date for GENIUS Act stablecoin licensing notice
The correction applies to entities seeking licensing or registration to issue payment stablecoins, shifting the Act's effective date to Jan 18 2027.
The Office of the Comptroller of the Currency issued a correction to its October 23, 2026 notice (FR Doc. 2026-21704, page 66939). The correction removes the date "January 18, 2026" and replaces it with "January 18, 2027" in the Description section.
The notice announces a proposed information collection titled "Applications for Licensing or Registration to Issue Payment Stablecoins Under the GENIUS Act," required under the Paperwork Reduction Act. The collection is identified by OMB control number 1557-NEW.
Comments on the proposed collection must be received by November 23, 2026. Commenters may submit electronically via www.reginfo.gov or by mail, hand delivery, courier, or fax to the Chief Counsel's Office, 400 7th Street SW, Suite 1E-216, Washington, DC 20219.
For further information, contact Shaquita Merritt, Clearance Officer, at (202) 649-5490. The correction was filed on October 28, 2026, at 8:45 a.m. (FR Doc. 2026-22036).
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