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Cryptocurrency Stablecoins Anti-Money Laundering

Davis Wright Tremaine LLP

White House Releases Report on Digital Asset Market Structure Framework for the U.S.

Yesterday, the White House released a major Report on how digital assets will be regulated in the United States along with a substantial series of recommendations for their near-term future development "to support the...more

Womble Bond Dickinson

Update on 2025 U.S. Stablecoin Legislation

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In July 2025, the U.S. Congress advanced a landmark package of legislative measures aimed at establishing a comprehensive federal framework for the regulation of cryptocurrencies and stablecoins. ...more

Snell & Wilmer

GENIUS Act and a New Digital Asset Era

Snell & Wilmer on

In a landmark move, President Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). This bipartisan bill establishes the first comprehensive federal framework for stablecoin...more

Alston & Bird

GENIUS Act Establishes Federal Regulatory Oversight of Global Stablecoin Industry

Alston & Bird on

Our Privacy, Cyber & Data Strategy and White Collar, Government & Internal Investigations Teams examine how the GENIUS Act’s framework for stablecoin issuers will impact the cryptocurrency sector....more

Mayer Brown

Hong Kong’s Stablecoin Bill: Key Amendments and Next Steps Following Legislative Passage

Mayer Brown on

On 21 May 2025, the Hong Kong Legislative Council passed the much-anticipated Stablecoins Bill (“Bill”), now citable as the Stablecoins Ordinance (“Ordinance”), marking a significant milestone in the city’s ambition to become...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - July 24, 2025

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On July 18, the GENIUS Act (the Act) was signed into law by President Donald Trump. According to a fact sheet released by the White House, the legislation aims to position the United States as a leader in the development of...more

ArentFox Schiff

GENIUS Act Ushers in New Era for US Stablecoin Regulation and Digital Asset Leadership

ArentFox Schiff on

On July 18, President Trump signed the GENIUS Act into law, marking a significant development in the regulation of digital assets and stablecoins in the United States....more

Cadwalader, Wickersham & Taft LLP

Global Moves, Digital Shifts, July 2025 - Federal Banking Regulators on Crypto-Asset Safekeeping

Just days prior to the passage of the GENIUS Act on stablecoins by Congress, on July 14th, the Federal Reserve, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (collectively, the...more

Ropes & Gray LLP

Senate Passes Landmark Legislation to Regulate Payment Stablecoins

Ropes & Gray LLP on

On July 18, 2025, U.S. President Donald J. Trump signed the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act), an act designed to establish a framework for the regulation of “payment...more

Wiley Rein LLP

Building a Digital Asset Regulatory Framework: The GENIUS Act and Next Steps

Wiley Rein LLP on

On July 18, President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the GENIUS Act) establishing a regulatory framework for digital assets classified as payment...more

EDRM - Electronic Discovery Reference Model

GENIUS Act Signed Into Law: A Game Changer for Legal Discovery and Information Governance

ComplexDiscovery Editor’s Note: President Trump’s signing of the GENIUS Act sets a new course for professionals in eDiscovery, cybersecurity, and information governance. By formalizing federal oversight of...more

Mayer Brown

GENIUS Act Signed into Law US Enacts Federal Stablecoin Legislation

Mayer Brown on

Today, President Donald Trump signs into law the Guiding and Establishing National Innovation for US Stablecoins Act of 2025 (the “GENIUS Act”), establishing the first federal regulatory framework for stablecoins in the...more

WilmerHale

What the GENIUS Act Means for Payment Stablecoin Issuers, Banks, and Custodians

WilmerHale on

The US House of Representatives has passed stablecoin legislation as part of “Crypto Week” on Capitol Hill. S. 1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS or the Act), passed the US...more

Skadden, Arps, Slate, Meagher & Flom LLP

US Establishes First Federal Regulatory Framework for Stablecoins: The GENIUS Act Passes Congress and Awaits President Trump’s...

- What is new: The U.S. Congress has passed the GENIUS Act, establishing the first federal regulatory framework for payment stablecoins, addressing consumer protection, financial stability and AML compliance. - Why it...more

Morgan Lewis

GENIUS Act Passes in US Congress: A Breakdown of the Landmark Stablecoin Law

Morgan Lewis on

The US House of Representatives passed the Guiding and Establishing National Innovation for US Stablecoins Act, or the “GENIUS Act,” on July 17, 2025, sending the landmark legislation to President Donald Trump for his...more

Pillsbury Winthrop Shaw Pittman LLP

Congress Passes GENIUS Act: Landmark Framework for Payment Stablecoins Will Reshape U.S. Digital Asset Regulation

The GENIUS Act creates a comprehensive U.S. regulatory framework for payment stablecoins. The GENIUS Act also authorizes U.S. regulators to exercise jurisdiction over foreign stablecoin issuers. Federal agencies are directed...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – July 2025 # 3

Troutman Pepper Locke on

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Morgan Lewis

Crypto Donations: The State of Play, Opportunities, Regulations, and Tax Treatment in the EU and France

Morgan Lewis on

More than 1,300 global nonprofit organizations are now embracing cryptocurrency donations, demonstrating how easy it is for charities to take advantage of new payment methods to collect funds. As of early 2025, 10% of...more

A&O Shearman

FATF publishes targeted update and guidance on virtual assets and VASPs

A&O Shearman on

The Financial Action Task Force (FATF) has published its sixth targeted update on the implementation of its standards for virtual assets (VAs) and virtual asset service providers (VASPs), alongside an updated webpage. The...more

Paul Hastings LLP

Crypto Policy Heats Up Ahead of July 4

Paul Hastings LLP on

Crypto policy continues to be a hot topic in the nation’s Capitol ahead of the July 4 holiday. Senate Banking Committee Chairman Tim Scott (R-SC) and Digital Assets Subcommittee Chair Cynthia Lummis (R-WY) announced that the...more

Troutman Pepper Locke

The GENIUS Act: What Is It and What’s Next?

Troutman Pepper Locke on

On June 17, the U.S. Senate voted 68-30 to pass S.1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act (the Act). This represents a landmark effort by the U.S. Congress to...more

Walkers

Understanding the fintech landscape in the British Virgin Islands

Walkers on

The BVI is a preferred international jurisdiction for fintech businesses as it is a well-established investment centre with a comprehensive, commercial virtual assets regime, which provides businesses with legal certainty. ...more

BakerHostetler

Weekly Blockchain Blog - June 2025 #3

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French Bank Launches USD Stablecoin, US Fintech Expands Stablecoin Reach - The crypto assets division of a major French multinational bank and financial services company (Bank) recently announced the launch of its U.S....more

Morgan Lewis

Hong Kong’s Stablecoins Ordinance to Take Effect August 1: An Overview of the Regulatory Framework

Morgan Lewis on

On June 6, 2025, the government of Hong Kong published in the Gazette a notice to appoint August 1, 2025 as the effective date for the Stablecoins Ordinance (Cap. 656) following passage of the Stablecoins Bill on May 21,...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - May 29, 2025

Lowenstein Sandler LLP on

On May 27, Circle Internet Group Inc., the issuer of the USDC stablecoin, announced its plan to go public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). According to Circle’s Form S-1, Circle will...more

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