GENIUS Act
The US federal framework for payment-stablecoin issuers, covering reserves, disclosures, redemption and federal and state chartering.
Overview
The GENIUS Act requires payment-stablecoin issuers to hold high-quality liquid reserves backing outstanding coins one to one, publish regular reserve disclosures, honour redemption, and operate under federal or qualifying state oversight. Implementing rules are being written by federal regulators including the OCC and Treasury.
As primary legislation it is binding law; regulators fill in and interpret its detail through rules, guidance and supervisory practice. The authorities most closely connected to it are OCC and NYDFS.
Check the official sources below for legal scope, applicable dates and exceptions. This entry is an explanatory reference, not legal advice.
Why it matters
It turns stablecoins from a regulatory grey area into a licensed activity.
Who it affects
Stablecoin issuers, custodians and the platforms that list them.
Where it sits
Ten linked steps connect where you operate to the proof that you complied.
- 01Jurisdiction
- 02Industry
- 03Activity
- 04Authority
- 05Regulation
- 06Requirement
- 07Guidance
- 08Control
- 09Evidence
- 10Enforcement
Connections
The terms most closely tied to GENIUS Act. Select one to open it.
What to do about it
- 1Confirm whether you are in scope: who it covers, which activities and where.
- 2Break it into testable requirements.
- 3Map each requirement to a control and an owner.
- 4Track amendments, implementing rules and guidance.
- 5Keep sealed evidence for every control run.
From requirement to evidence.
Proposed implementing rules are tracked as draft obligations so issuers are ready before they bind.
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