# US agencies miss deadline for final stablecoin rules under GENIUS Act Regulatory uncertainty grows as comprehensive stablecoin framework delayed - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-07-19 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/da0c7369-34b1-48c3-9309-28ab5c348588 ## Regulatory gap emerges The one-year implementation period for the GENIUS Act, which establishes a comprehensive federal regulatory framework for stablecoins in the US, has expired. However, regulatory agencies including the Treasury failed to publish final rules. This delay is creating uncertainty in the industry. ## Agency efforts The Treasury was the most active agency, publishing four proposals in the past year. Proposals included assessing state regulations' compliance with federal framework, registration requirements for foreign stablecoin issuers, and anti-money laundering rules. Other agencies also submitted their own proposals. ## Banking regulators' role The OCC published two proposals for nationally chartered stablecoin issuers, while the FDIC set operational standards like reserve management for institutions under its supervision. The NCUA proposed rules allowing credit unions to issue stablecoins. ## Harmonized supervision effort Federal banking agencies jointly proposed an implementation rule to ensure consistent supervision across the OCC, Federal Reserve and FDIC. This initiative aims to standardize different agencies' approaches to stablecoins. ## Calls for CLARITY Act Industry players like Anchorage Digital used the GENIUS Act anniversary to call for passage of the CLARITY Act, which would establish comprehensive digital asset regulations. However, banking groups want provisions preventing stablecoins from becoming deposit substitutes. ## Industry outlook As regulatory uncertainties persist, experts give the CLARITY Act only a 50% chance of passing in 2026. Clear rules are emphasized as crucial for the healthy growth of the stablecoin market. ## Sources covering this story - https://cointelegraph.com/news/federal-agencies-miss-genius-act-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._