XBRL US responded to the Federal Deposit Insurance Corporation (FDIC) Notice of Proposed Rulemaking: Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions; published by the FDIC. The FDIC has jurisdiction for applications for issuance of payment stablecoins and related payment stablecoin activities by subsidiaries of FDIC-supervised institutions for which the FDIC is the primary Federal payment stablecoin regulator.
Read the letter:XBRL US Letter RE FDIC—RIN 3064–AG20
The Office of the Comptroller of the Currency (OCC) made an announcement on the GENIUS Act: Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency, which included a request for comment on various aspects of the proposal. Comments are due within 60 days of publication in the Federal Register.
The proposal is a new information collection related to the weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers and foreign payment stablecoin issuers under the proposed rule issued by the OCC on March 2, 2026.
Read the announcement and access related links.
Read the OCC GENIUS Act rule proposal.
