FEDERAL · 12 U.S.C. · Chapter 56
Rulemaking
12 U.S.C. § 5913
Title12 — Banks and Banking
Chapter56 — REGULATION OF PAYMENT STABLECOINS
This text of 12 U.S.C. § 5913 (Rulemaking) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 5913.
Text
(a)In general
Not later than 1 year after July 18, 2025, each primary Federal payment stablecoin regulator, the Secretary of the Treasury, and each State payment stablecoin regulator shall promulgate regulations to carry out this chapter through appropriate notice and comment rulemaking.
(b)Coordination
Federal payment stablecoin regulators, the Secretary of the Treasury, and State payment stablecoin regulators should coordinate, as appropriate, on the issuance of any regulations to implement this chapter.
(c)Report required
Not later than 180 days after the effective date of this chapter, each Federal banking agency shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report that con
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Source Credit
History
(Pub. L. 119–27, §13, July 18, 2025, 139 Stat. 459.)
Editorial Notes
Delayed Effective Date of Section
For delayed effective date of section, see Effective Date note below.
Editorial Notes
References in Text
This chapter, referred to in text, was in the original "this Act", meaning Pub. L. 119–27, July 18, 2025, 139 Stat. 419, known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act and also as the GENIUS Act, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5901 of this title and Tables.
For the effective date of this chapter, referred to in subsec. (c), see Effective Date note set out under section 5901 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on the earlier of the date that is 18 months after July 18, 2025, or the date that is 120 days after the date on which the primary Federal payment stablecoin regulators issue any final regulations implementing Pub. L. 119–27, see section 20 of Pub. L. 119–27, set out as a note under section 5901 of this title.
For delayed effective date of section, see Effective Date note below.
Editorial Notes
References in Text
This chapter, referred to in text, was in the original "this Act", meaning Pub. L. 119–27, July 18, 2025, 139 Stat. 419, known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act and also as the GENIUS Act, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5901 of this title and Tables.
For the effective date of this chapter, referred to in subsec. (c), see Effective Date note set out under section 5901 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on the earlier of the date that is 18 months after July 18, 2025, or the date that is 120 days after the date on which the primary Federal payment stablecoin regulators issue any final regulations implementing Pub. L. 119–27, see section 20 of Pub. L. 119–27, set out as a note under section 5901 of this title.
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Bluebook (online)
12 U.S.C. § 5913, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/5913.