REGULATION · US
OCC to issue final rule for GENIUS Act by November
The Office of the Comptroller of the Currency committed to finishing the rulemaking for the GENIUS Act (a fintech charter framework) by November 2026, accelerating implementation of federal guidance on novel banking structures.
WHY IT MATTERS
Banks and fintechs are waiting on clarity on who can hold money and how AI-native firms can be chartered; delays cost compliance spend and slow competitive feature launches.
Source: PYMNTS · 2026-08-19