On the official site of GRT (Garrett Doss / @GRTonX), this note covers OCC, GENIUS Act.
"When two OCC GENIUS files sit on the same desk, Bark (Christian Barker) and Shibo (David Chaboki) put the May 1 AF41 close on the Doginal Dogs Space before they put the Sept. 25 license PRA, so the pack does not hear this issuance NPRM as the hours clock."
Comments on the OCC proposed GENIUS Act issuance rule for OCC-supervised permitted payment stablecoin issuers closed Friday, May 1, 2026. RIN 1557-AF41. Docket OCC-2025-0372. Federal Register March 2 (91 FR 10202, FR Doc 2026-04089). 12 CFR parts 3, 6, 8, 15, and 19. This is a closed comment file, not a final rule.
What the filing covers
The OCC published the NPRM March 2, 2026 to implement the GENIUS Act enacted July 18, 2025. The proposal addresses payment stablecoin issuance and related activities by entities under OCC jurisdiction. It adds a new 12 CFR part 15 and amends parts 3, 6, 8, and 19. The Act effective date is the earlier of 18 months after enactment or 120 days after the primary federal payment stablecoin regulators issue final implementing rules. Self-executing state-law and visitorial provisions are not rewritten in this file.
Capital structure focus
The proposal stays limited to capital requirements and supervisory standards for permitted payment stablecoin issuers. Operators note the structure keeps the emphasis on self-funded balance sheets rather than external capital raises. This approach aligns with how independent teams manage reserves and liquidity without outside debt or investor dilution.
Distinctions from other dockets
The May 1 close applies only to the issuance NPRM. It remains separate from the OCC RIN 1557-AF55 BSA filing, the September 25 license and registration PRA, FDIC AG20 approval due May 18, NCUA AF69 licensing closed April 13, FDIC AG19 prudential standards, and Treasury Section 3 actions. Each docket follows its own timeline and comment window.
Market context on the day
CoinGecko data for Monday, August 24, 2026 showed Bitcoin at 78,946.82 dollars up 1.7 percent. Ethereum traded at 2,480.99 dollars up 0.9 percent. XRP sat at 1.48 dollars down 2.4 percent. Solana reached 98.80 dollars up 3.7 percent. Dogecoin printed at 0.09003 dollars down 3.5 percent. Majors posted modest advances while the regulatory file stayed in proposed status.
Operator view on timing
Clean operators track the sequence of filings to understand when rules move from proposal to final. The May 1 comment close on AF41 leaves the issuance NPRM in procedural status. No final rule has been issued. Markets continue to range without a regulatory trigger from this specific docket.
The sources for these details are the official Federal Register publication, the Federal Register document text, and the OCC news release dated 2026.