Regulatory Alerts2026-02-11 | 2026-02665Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions; Extension of Comment Period
The Federal Deposit Insurance Corporation (FDIC) extends the comment period for its proposed rule governing how FDIC-supervised institutions obtain approval to issue payment stablecoins through subsidiaries under the GENIUS Act. This action shifts the submission deadline from February 17, 2026, to May 18, 2026, allowing stakeholders additional time to review the procedural requirements and submit feedback. Interested parties may submit comments via the FDIC website, email, or mail to support the finalization of these stablecoin issuance standards.
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