NCUA
National Credit Union Administration
📋Role Under the GENIUS Act
The NCUA regulates federal and state credit unions that issue payment stablecoins. Credit unions must comply with reserve requirements and other standards under NCUA supervision.
✅Key Responsibilities
- •Supervise credit unions issuing payment stablecoins
- •Ensure credit union compliance with reserve requirements
- •Resolve insolvencies of credit union issuers
- •Coordinate on implementing regulations
📜Required Rulemakings
⏱️Key Deadlines After Enactment
+365 days
Issue implementing regulations
10
Total references
4
Sections
1
Rulemakings
0
Deadlines
Bill References by Section
Click a section to expand and see all subsections where NCUA is mentioned. Click any item to view the full bill text.
Implementation Timeline
No specific deadlines extracted for this agency.
At a Glance
- •10 references across 4 sections
- •1 required rulemaking