Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

WHAT HAPPENED

The Federal Reserve Board requested comment on two proposed GENIUS Act rules for payment-stablecoin issuers and bank issuers it supervises. One proposal covers reserve backing, capital, risk management, custody of reserve assets and the permissibility of related bank activities; the other sets an application process for banks seeking to issue payment stablecoins. The comment period closes 60 days after publication in the Federal Register, so a calendar deadline is not set by this release alone.

PUBLISHED September 24, 2026BY Official sourceSOURCE Federal Reserve Board

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The original source did not disclose material figures that change this decision brief.

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Watch whether Federal Reserve Board disclose implementation dates, jurisdiction coverage, reporting duties, and the first affected products.

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Source type: Official first-party source
Original source: Federal Reserve Board ↗
Date verification: Verified · September 24, 2026
Capture method: Direct fetch · Sep 25, 02:25 PM
Title verification: verified · primary_official_heading
Body hash: dcddc67ba664362314…

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Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

Evidence tier: A1 Evidence type: Official Federal Reserve Board proposal release Source: Federal Reserve Board Official publication date: 2026-09-24 Captured: 2026-09-25T18:25:00.000Z

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Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

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Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

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