GENIUS Act deadline puts stablecoin issuers on the clock
US regulators must finalize GENIUS Act rules by July 18, 2026, determining which stablecoin issuers can operate domestically. The deadline establishes access frameworks for permitted, foreign, and state-qualified issuers, setting compliance standards under Bank Secrecy Act provisions. Uncertainty remains on state equivalence and foreign registration pathways until federal guidance completes. This shapes USDT, USDC competition and emerging Indian crypto infrastructure plans.
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