§ 5913. Rulemaking
324 words·~1 min read·
/usc/title-12/section-5913A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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 confirms and describes the regulations promulgated to carry out this chapter.
(Pub. L. 119–27, § 13, July 18, 2025, 139 Stat. 459.)
Delayed Effective Date of Section
For delayed effective date of section, see Effective Date note below.
Connections24 cite this · traces to 2
Cited by 24 sections · top 15
U.S. Code
- § 1Office of the Comptroller of the Currency
- § 5903Requirements for issuing payment stablecoins
- § 5904Approval of subsidiaries of insured depository institutions and Federal qualified payment stablecoin issuers
- § 5902Issuance and treatment of payment stablecoins
- § 5906State qualified payment stablecoin issuers
- § 5916Exception for foreign payment stablecoin issuers and reciprocity for payment stablecoins issued in overseas jurisdictions
- § 5907Anti-money laundering protections
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U.S. Code
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- 139 Stat. 459
- 139 Stat. 419
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§ 5913
Rulemaking
Fed. Reg.×11
U.S.C.×11
Pub. L.×1
Stat. Comp.×1
Stat.139 Stat. 459
Stat.139 Stat. 419
Cites 4Cited by 24 across 4 sources