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Federal Reserve Ends Novel Activities Program and Industry Groups Press on GENIUS Act

Congress is on recess, leaving regulatory agencies and industry groups to drive this week’s developments in digital asset policy. The Federal Reserve announced a sunset of its Novel Activities Supervision Program, folding...more

White House Issues Debanking and 401(k) Asset Executive Orders, SEC Clarifies Liquid Staking and Lawmakers Advance AI Innovation...

This week’s developments reflect continued executive branch action and regulatory guidance shaping the digital asset and financial technology landscape. The President signed two executive orders: one aimed at eliminating...more

Banking Regulators Clarify Crypto Custody Expectations, Congress Advances Landmark Digital Asset Legislation and Senate Releases...

In a pivotal week for digital asset policy, federal banking regulators issued long-awaited guidance outlining risk-management expectations for crypto-asset safekeeping activities. The OCC, Federal Reserve and FDIC released a...more

The GENIUS Act: A Comprehensive Guide to US Stablecoin Regulation

Today marks a historic milestone in U.S. digital asset policy. The President signed the GENIUS Act into law following its bipartisan passage by 308-122 in the House on July 17 and 68-30 in the Senate on June 17. The GENIUS...more

Banking Nominees Advance, SEC Tackles Tokenization and OCC Issues Custody Guidance

Several significant regulatory and policy developments took place this week in Washington. The Senate banking committee advanced several key nominations, including Michelle Bowman to serve as vice chair for supervision at the...more

State-Level Developments: The Regulatory Landscape for Digital Assets

As we begin the 119th Congress, the nation is also preparing for the new administration to take office in just a few weeks. While federal action on digital assets remains a key focus, this week’s Crypto Policy Tracker shifts...more

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