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US FDIC extends comment period on NPR to establish GENIUS Act application procedures

( February 6, 2026, 20:37 GMT | Official Statement) -- MLex Summary: The US Federal Deposit Insurance Corporation announced a 90-day extension to the comment period on the agency’s notice of proposed rulemaking that would implement the application provisions under the Guiding and Establishing National Innovation for US Stablecoins Act for FDIC-supervised state nonmember banks and state savings associations seeking to issue payment stablecoins through a subsidiary.Statement follows in full. Also see attached file. ...

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