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Deep Tide TechFlow News, May 18 — According to an official announcement, the National Credit Union Administration (NCUA) in the United States issued a "Notice of Proposed Rulemaking" on May 15.
Based on the requirements of the GENIUS Act, it establishes operational and risk management standards for NCUA-licensed payment stablecoin issuers (PPSIs).
NCUA Chair Kyle Hauptman stated that the rule aims to ensure credit unions and bank subsidiaries are aligned in standards and not at a competitive disadvantage.
The relevant rules have been published in the Federal Register, and the public can submit comments until July 17, 2026.