In brief OCC head Jonathan Gould said Wednesday the agency will finalize its GENIUS Act stablecoin rules by November, racing to meet a Jan. 18 statutory deadline before the law takes effect in January 2027 after blowing past an earlier July target. The 376-page proposal, released in February and open for comment through May, covers the full life cycle of a payment stablecoin—reserves, redemption at par, liquidity, risk management, audits, custody and wind-downs. Gould said the OCC expects to begin processing issuer applications in 2027 and reported an eightfold jump in digital-asset chartering activity versus the Biden administration. The top…

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