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Stablecoins Regulatory Requirements Anti-Money Laundering

Loeb & Loeb LLP

Navigating the GENIUS Act’s Framework for Digital Asset Regulation

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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

Morrison & Foerster LLP

NYDFS Settles with Stablecoin Issuer for Alleged Compliance Failures

Last week, New York State Department of Financial Services (NYDFS) left no doubt that it will continue to actively regulate cryptocurrency despite the pullback in law enforcement efforts by the federal government, including...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

BakerHostetler

A New Era for the Stablecoin Industry: The GENIUS Act

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On Friday, July 18, President Donald J. Trump signed into law historic legislation to establish a legal framework for the payment stablecoin industry in the United States, S.1582, the Guiding and Establishing National...more

Vedder Price

The GENIUS Act: Stablecoin Regulation Enters the Federal Framework

Vedder Price on

On July 18, 2025, President Trump signed the Guaranteed Essential National Infrastructure for U.S. Act (the “GENIUS Act”) into law, marking the first comprehensive U.S. federal regulatory framework for payment stablecoins. ...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

Orrick, Herrington & Sutcliffe LLP

Stablecoin Framework Signed into Law

On July 18, 2025, the President signed the GENIUS Act into law, setting clear rules for who can issue payment stablecoins in the U.S. Only permitted issuers and registered foreign issuers are allowed, and they must follow...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

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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

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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

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

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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

A&O Shearman

FATF publishes targeted update and guidance on virtual assets and VASPs

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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

Troutman Pepper Locke

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

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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

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - May 29, 2025

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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

Troutman Pepper Locke

Navigating the Future of Payment Stablecoins: Legislative Updates and Market Implications — The Crypto Exchange Podcast

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In this special crossover edition of the Payments Pros and Crypto Exchange podcast, Carlin McCrory is joined by colleagues Alex Barrage and Ethan Ostroff to discuss recent legislative updates surrounding payment stablecoins....more

Carey Olsen

Bermuda Fintech Guide (Chambers)

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This chapter provides the latest legal information on Bermuda's fintech market and regulation, including regulatory jurisdiction, sandboxes, AML rules and FATF standards; robo-advisers, online lenders and payment processors;...more

BakerHostetler

Weekly Blockchain Blog - April 2025 #2

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Digital Asset Companies Announce New Partnerships, Acquisitions, Products - A recent press release announced that Ripple, a U.S. fintech and digital asset infrastructure provider, has agreed to acquire Hidden Road, a prime...more

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