The U.S. Treasury and major federal stablecoin regulators failed to finalize the implementation rules for the *GENIUS Act* within the one-year deadline on July 18. The act, which was signed into law on July 18, 2025, requires the Office of the Comptroller of the Currency (OCC), the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and the Treasury to establish supporting regulations within a year. As of the deadline, key rules related to issuer reserves, capital, liquidity, custody, risk management, and state-level regulatory recognition remain in the proposal stage. The public comment period for customer identification rules will run until August 21, while the FDIC’s anti-money laundering proposal is open until August 4. This delay does not automatically postpone the act’s effective date, which is still set for no later than January 18, 2027. (The Block) https://(wublock123.com)/news/us-regulators-miss-deadline-for-genius-act-stablecoin-rule-64884