US financial regulators missed the deadline to complete key rules for the federal stablecoin framework under the GENIUS Act. Stablecoin issuers face a shorter preparation window before the framework goes into effect in January. Major regulations, including customer identification and anti-money laundering proposals, remain unfinished. Several agencies are still working on rules for stablecoin issuers, and state oversight is unsettled. The missed deadline does not automatically delay the implementation of the GENIUS Act, leaving companies with limited time to adjust to final rules.

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