The Office of the Comptroller of the Currency (OCC) is targeting November to finalize its main regulations implementing the GENIUS Act, the U.S. law establishing a federal framework for payment stablecoins. Comptroller of the Currency Jonathan Gould disclosed the timetable at the Wyoming Blockchain Symposium, an event presented by SALT and Kraken, according to crypto journalist Eleanor Terrett’s Aug. 19, 2026, X post. The OCC has also said that certain stablecoin activities are permissible for banks it supervises. Gould said the OCC could adjust its proposal in response to comments from cryptocurrency companies and other industry participants. The agency’s proposal covers reserves, redemption at par, liquidity, risk controls, audits, reporting, custody, examinations, supervision and issuer applications. The November target follows the missed July 18, 2026, statutory deadline for federal agencies to complete implementing rules. The GENIUS Act takes effect on Jan. 18, 2027, or 120 days after the primary federal regulators issue final rules, whichever comes first. The regulatory push is being viewed with guarded optimism by market participants, who are assessing whether clearer rules could strengthen stablecoin legitimacy and encourage institutional adoption. Attention will focus on how quickly the OCC implements its framework, whether other regulators follow, and whether major institutions expand stablecoin use after the rules become clearer.