OCC Proposes Rules to Implement the GENIUS Act for Payment Stablecoin Issuers

On February 25, 2026, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) governing payment stablecoin issuance and related activities by entities subject to OCC oversight.... By: Sheppard Mullin Richter & Hampton LLP