The GENIUS Act and Stablecoin Regulation Resource Center
In July 2025, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) was signed into law. As the first comprehensive federal legislation establishing a regulatory framework for payment stablecoins in the United States, the GENIUS Act creates a dual federal-state chartering and supervisory regime for stablecoin issuers and includes regulatory and licensing requirements. The GENIUS Act imposes reserve, redemption, and disclosure requirements, and assigns primary oversight authority to federal regulators for federally chartered issuers, while preserving a pathway for state-chartered issuers that meet equivalent standards.
Since enactment, federal regulators have moved to implement the GENIUS Act through a series of proposed rulemakings addressing capital, reserve, and operational requirements for stablecoin issuers. This resource center compiles the statute, key agency proposed rules and guidance, and Arnold & Porter advisories analyzing the GENIUS Act, its implementation, and regulatory oversight of stablecoins in the United States. For more on information about the broader digital asset landscape, visit our Cryptocurrency & Digital Assets practice page.
Statute
Agency Guidance & Proposed Rulemakings
- Office of the Comptroller of the Currency (OCC)
- Proposed Rule | Implementing the GENIUS Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the Office of the Comptroller of the Currency | March 2, 2026
- Bulletin | GENIUS Act Regulations: Notice of Proposed Rulemaking | February 25, 2026
- Federal Deposit Insurance Corporation (FDIC)
- Proposed Rule | GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institutions | April 10, 2026
- Proposed Rule | Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions | December 19, 2025
- National Credit Union Administration (NCUA)
- Proposed Rule | Investments in and Licensing of Permitted Payment Stablecoins Issuers | February 12, 2026
- U.S. Department of Treasury
- Proposed Rule | Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements | April 10, 2026
- Proposed Rule | GENIUS Act Broad-Based Principles for Determining Whether a State-Level Regulatory Regime Is Substantially Similar to the Federal Regulatory Framework | April 3, 2026
- Proposed Rule | GENIUS Act Implementation | September 19, 2025
