Federal Reserve System
The Board of Governors of the Federal Reserve System (Board) proposes to issue regulations that would establish procedures to be followed by an insured State member bank that seeks to obtain Board approval for a subsidiary to issue payment stablecoins pursuant to the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Federal Reserve System 12 CFR Parts 247 and 262 [Docket No. R-1900] RIN 7100-AH30 AGENCY: Board of Governors of the Federal Reserve System. ACTION: Notice of proposed rulemaking. SUMMARY: The Board of Governors of the Federal Reserve System (Board) proposes to issue regulations that would establish procedures to be followed by an insured State member bank that seeks to obtain Board approval for a subsidiary to issue payment stablecoins pursuant to the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). DATES: Comments must be received by the Board on or before November 30, 2026. ADDRESSES: You may submit comments, identified by Docket No. R-1900 and RIN 7100-AH30, by any of the following methods: Agency website: https://www.federalreserve.gov/​apps/​proposals/​ . Follow the instructions for submitting comments, including attachments. Preferred Method. Mail: Benjamin W. McDonough, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. Hand Delivery/Courier: Same as mailing address. Other Means: publiccomments@frb.gov . You must include the docket number in the subject line of the message. Comments received are subject to public disclosure. In general, comments received will be made available on the Board's website at https://www.federalreserve.gov/​apps/​proposals/​ without change and will not be modified to remove personal or business informa…
Citation: 91 FR 61346
