Kraken Blog/
FOMC meets July 28–29 as stablecoin rulemaking deadline lands
The crypto market faces several key events in July 2026, including the GENIUS Act stablecoin rulemaking deadline on July 18, Tesla's Q2 earnings on July 22, and an FOMC rate decision on July 28-29. While the GENIUS Act deadline is unlikely to be met, it serves as a checkpoint for future US stablecoin regulation. The FOMC meeting is the second under Kevin Warsh, with the federal funds rate currently at 3.50%-3.75%.
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Why It Matters
The combination of regulatory deadlines for stablecoins, corporate treasury updates from Tesla, and US federal interest rate decisions directly influences market sentiment and the valuation of rate-sensitive assets like Bitcoin and Ethereum.