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Cryptocurrency Stablecoins New Legislation

BakerHostetler

Weekly Blockchain Blog - August 2025 #4

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Wyoming Launches Stablecoin; US Bank Enables Blockchain-Based Payments - On Aug. 19, Wyoming became the first U.S. state to issue its own stablecoin, the Frontier Stable Token (FRNT)....more

Orrick, Herrington & Sutcliffe LLP

Wyoming debuts first state-issued stablecoin in the U.S.

On August 19, Wyoming launched the Frontier Stable Token (FRNT), under the supervision of the Wyoming Stable Token Commission (WSTC), making it the first state in the U.S. to issue a government-backed stablecoin. The...more

Orrick, Herrington & Sutcliffe LLP

U.S. Congress enacts stablecoin regulatory act, now law

On July 18, the U.S. Congress enacted the “Guiding and Establishing National Innovation for U.S. Stablecoins Act,” or the “GENIUS Act,” to regulate the issuance and treatment of payment stablecoins, which are digital assets...more

Paul Hastings LLP

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

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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

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - August 21, 2025

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Wyoming Becomes First U.S. State to Launch Stablecoin - On August 19, the Wyoming Stable Token Commission (WYSTC) announced the mainnet launch of the Frontier Stable Token (FRNT), marking a historic moment for Wyoming as...more

Cadwalader, Wickersham & Taft LLP

Trump’s Crypto White Paper Talks Tax!

On July 30, 2025, the Trump Administration issued an expansive report on the crypto industry (the “White Paper”), describing the digital asset landscape and outlining the contours of a legislative and regulatory framework....more

Thomas Fox - Compliance Evangelist

Regulatory Ramblings: Episode 76 - The Digital Future: The US GENIUS Act and Hong Kong Stablecoins Ordinance / The Hong Kong Web3...

The discussion begins with the Hong Kong Web3 Blueprint Report. Musheer and Sean tell Regulatory Ramblings host Ajay Shamdasani that the document should be viewed as a roadmap to accelerate blockchain development in the...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (8/20)

Cozen O'Connor on

Pritzker, taking aim at Trump, crypto ‘bros,’ signs laws to regulate digital currency industry, crypto ATMS - “These real-life examples of people falling prey to scammers and using cryptocurrency kiosks to send them large...more

Hogan Lovells

US president’s working group issues report outlining key policy recommendations for digital assets regulation

Hogan Lovells on

On July 30, 2025, the President's Working Group on Digital Asset Markets released its much anticipated report setting out recommendations concerning the regulation of digital assets in the United States....more

Troutman Pepper Locke

Institutional Adoption, Tax Challenges, and What's Next for Crypto in the US — Insights from KPMG's Tony Tuths - The Crypto...

Troutman Pepper Locke on

In this episode of The Crypto Exchange, Genna Garver is joined by Tony Tuths, senior partner and leader of the Digital Asset Group at KPMG, to discuss recent legislative developments in digital assets. They examine the GENIUS...more

Lowndes

From Cash to Crypto: Could USD Stablecoins Be the High Road for Florida’s Cannabis Industry

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Why Are Florida’s Cannabis Businesses Still Stuck in the Cash Age? In Florida, licensed medical marijuana businesses may be legal under state law, but under federal law cannabis remains a Schedule I controlled substance....more

Sheppard Mullin Richter & Hampton LLP

Trade Groups Urge Congress to Address GENIUS Act Loopholes

On August 12, a coalition of banking trade associations sent a joint letter to Congress warning that the recently enacted GENIUS Act contains a loophole that could allow the indirect payment of interest or yield on payment...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (8/13)

Cozen O'Connor on

Pritzker Signs ‘Sonya Massey’s Bill’ Into Law, Requiring Stricter Background Checks for Police Hiring- “The new law requires law enforcement agencies across Illinois to review all aspects of a person’s background and...more

Loeb & Loeb LLP

Navigating the GENIUS Act’s Framework for Digital Asset Regulation

Loeb & Loeb LLP on

The GENIUS Act: Key Developments for Digital Assets The Guiding and Establishing National Innovation for U.S. Stablecoins Act (the GENIUS Act) is the first comprehensive federal statute to regulate payment stablecoins in the...more

Paul Hastings LLP

White House Issues Digital Asset Report, SEC Chair Declares Most Crypto Assets Are Not Securities and CFTC Advances Spot Market...

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Last week, the White House released a landmark report on digital financial technology, signaling a coordinated federal push to modernize crypto regulation. The report, issued by the President’s Working Group on Digital...more

Adler Pollock & Sheehan P.C.

The GENIUS Act of 2025: The First Federal Legislation for the Regulation of Payment Stablecoins

On July 18, 2025, the Guiding and Establishing National Innovations for U.S. Stablecoins Act (the “GENIUS Act”) was signed into law by President Trump. The GENIUS Act is the first federal legislation regulating cryptocurrency...more

Cozen O'Connor

SEC Swiftly Launches Project Crypto and on the Road Roundtables After the President’s Working Group Report

Cozen O'Connor on

President’s Working Group on Digital Assets Issues Report- On January 23, 2025, the President issued an executive order entitled “Strengthening American Leaders in Digital Financial Technology” to promote U.S. leadership in...more

Cadwalader, Wickersham & Taft LLP

Use of Payment Stablecoins as Margin and Collateral Under the GENIUS Act

Introduction The Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the “GENIUS Act” or the “Act”) establishes a legal framework for defining, issuing, custodying and managing a specific kind of...more

Buchalter

New Federal Regulatory Regime Provides Foundation for Financial Institutions to be Stablecoin Issuers and Accept Cryptocurrency...

Buchalter on

There has been a flurry of activity in Congress and the White House to liberalize and encourage the development of cryptocurrency as a payment method, including creating a legal regime for depository and non-depository...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2025 - GENIUS Act Establishes Legal Framework for Payment Stablecoins

The President signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025’or ‘‘GENIUS Act of 2025’” (the Act) on July 18, 2025. The new law establishes a basis for regulators to permit a...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - July 31, 2025

The President’s Working Group on Digital Asset Markets, established by Executive Order 14178 under President Donald Trump, has released a comprehensive report outlining a strategy to establish the United States as the global...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

Loeb & Loeb LLP

Reflections on "Crypto Week" and What Comes Next

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"Crypto Week” in the House of Representatives has come and gone—taking place the week of July 14—during which the House voted on three different bills related to cryptocurrency: (1) the GENIUS Act (regulating stablecoins);...more

Snell & Wilmer

GENIUS Act and a New Digital Asset Era

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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

BCLP

The GENIUS Act Ushers in a New Era for Stablecoin Regulation

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On July 17, 2025, Congress passed the Guiding and Establishing National Innovation for U.S Stablecoins Act (“GENIUS Act” or “Act”) – a landmark piece of legislation that received bipartisan support and was signed into law by...more

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