OCC Proposes Implementing GENIUS Act, Requests Public Input
The Office of the Comptroller of the Currency (OCC) has issued a proposal to implement the GENIUS Act and is seeking public feedback. According to reports, the GENIUS Act is slated to take effect 18 months after enactment, potentially around January 18, 2027. The proposal indicates a move by the OCC to align with the legislative requirements of the Act. The announcement highlights the regulatory developments in the financial sector and the importance of public participation in shaping the implementation of new laws.
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