As of July 2026, no final GENIUS Act rules published. Seven agencies (OCC, FDIC, Fed, NCUA, Treasury, FinCEN, OFAC) face July 18 statutory deadline.
Draft signals: $5M capital floor, 10% same-day redemption liquidity, 30% within five business days, BSA/AML programs, board-approved risk management. Effective date: 120 days after final rules or January 18, 2027, whichever first.
Fed has not published standalone issuer prudential rules; first Fed GENIUS rulemaking was joint CIP NPRM (June 18, 2026).