Ariel: Iraq will Meet the Deadline
Ariel: Iraq will Meet the Deadline
3-28-2026
Prolotario @Prolotario1
Iraq announced this week that they will meet the January 18 2027 deadline in July 2026. (Link Below).
You should not be concerned with any other country in that regard. America has already passed the Stablecoin Act last year.
Banks and financial institutions are not passively waiting for the January 18, 2027 backstop date under the GENIUS Act (signed July 18, 2025).
They are actively implementing preparatory steps, pilots, and infrastructure build-outs throughout 2026 to position themselves for full compliance and operational readiness well ahead of the hard deadline.
Do you understand much better now?
The Office of the Comptroller of the Currency issued a detailed Notice of Proposed Rulemaking in late February 2026 to implement GENIUS Act requirements for national banks and their subsidiaries. This includes new licensing processes, 1:1 reserve segregation rules, capital and operational standards, and custody guidelines.
Banks are already submitting comments and adjusting internal policies, governance frameworks, and reserve management systems in direct response months before final rules.
Ariel: The Official Announcement How many times have I brought up currency starting off at 1:1 under the new system? January 2027 is not a start date. It's a deadline! Iraq wants this done in July 2026. Guess what's coming out in that same month? US Treasury Note (Gold-Backed)
