OCC Proposes Information Collection for GENIUS Act Stablecoin Licenses

Adam Witmer
Regulatory Update

On July 27, 2026, the OCC proposed a new information collection to comply with the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) requirement for entities seeking to issue payment stablecoins in the United States. Comments must be submitted by September 25, 2026.

The OCC has previously issued a proposed rule that sets out the process by which entities may seek OCC approval to become a PPSI or for foreign payment stablecoin issuers to register with the OCC. The OCC is now proposing a new information collection which includes the application forms which these entities will complete and submit to the OCC.

The full Notice can be found here.

Adam Witmer
Regulatory Update
Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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