Blockchain

The GENIUS Act became law in July 2025, but it takes effect on the earlier of January 18, 2027 or 120 days after final rules are issued — and through 2026 Treasury, the OCC, the FDIC, and the NCUA were all still publishing proposed rules. This course maps the rulemaking machine: who is writing what, what a federal qualified issuer has to do, and why the gap between a statute and a working regime is where the real design happens.

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