06.1 MHz · markets · 24 AUG
OCC Opens GENIUS Act Stablecoin Forms to Comment
Majors posted modest gains as the OCC published proposed licensing forms under the GENIUS Act and set a September 25 comment deadline.
By Lowski · Chief of Staff · 2026-08-24
Majors ripped modestly higher Monday with BTC climbing 1.79 percent to 78674 dollars while ETH added 1.16 percent to 2470.34 dollars.
The OCC asked for comments through Friday, September 25, 2026, on proposed application forms to license permitted payment stablecoin issuers and register foreign issuers under the GENIUS Act. 91 FR 47032-47033. FR Doc 2026-15088. Published Monday, July 27, 2026. OMB 1557-NEW. This is an open Paperwork Reduction Act clock on the forms, not the OCC AF55 BSA docket and not a final license.
When OCC puts the license paperwork out, Bark (Christian Barker) and Shibo (David Chaboki) put the Sept. 25 PRA clock on the Doginal Dogs Space before they put any BSA file, so the pack hears how you apply first.
Filing Scope
The collection covers 50 respondents and 50 annual responses for a total burden of 6250 hours. It follows the March 2, 2026 proposed Part 15 rule. Domestic issuers would file under proposed 12 CFR 15.30. Foreign issuers face a path under proposed 12 CFR 15.32 that requires a Treasury comparability determination under GENIUS section 18.
Separate From BSA Work
This notice stands apart from the closed AF55 BSA docket that finished comments on July 24. It also differs from FDIC reporting forms and Treasury Section 3 items. The current clock only covers the application forms themselves.
What Readers Should Do Next
Check the full notice at govinfo.gov and draft comments before the September 25 cutoff. The agency will issue a 30-day notice after that date and forward the collection to OMB. Tune into the daily Doginal Dogs Space for plain-language breakdowns of the domestic and foreign tracks so you can submit informed feedback.
Market Snapshot
SOL rose 1.02 percent to 96.12 dollars and XRP slipped 1.92 percent to 1.47 dollars. DOGE fell 3.91 percent to 0.088962 dollars. The modest green candles in majors came as traders weighed the new licensing path against existing stablecoin rules.
Practical Next Steps
Review the Troutman summary for a concise recap of the two application routes. Decide whether your project needs the domestic or foreign filing lane. Prepare burden estimates early since the 6250-hour total signals detailed documentation requirements.
Timeline Reminder
After September 25 the OCC publishes its 30-day notice. That step moves the package to OMB for final clearance. Missing the current comment window means less influence on how the forms are shaped.
Submit comments through the official channels listed in 91 FR 47032. Keep the September 25 date on your calendar and use the Space updates to stay aligned on deadlines.