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K&L Gates LLP

Will Payment Stablecoins Mean the End of State Money Transmitter Licensing?

K&L Gates LLP on

The GENIUS Act (Act) allows “permitted payment stablecoin issuers”—which term includes nonbanks that are either Federal qualified payment stablecoin issuers (FQPSI) (regulated by the OCC) or State qualified payment stablecoin...more

BakerHostetler

The U.S. Department of the Treasury Provides a Glimpse into the Future of Money and Payments

BakerHostetler on

On September 16, 2022, the U.S. Department of the Treasury published a report, “The Future of Money and Payments” (Report), in response to the President’s March 2022 Executive Order on Ensuring Responsible Development of...more

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