| 22.07.2025 Other Voices: What the GENIUS Act means for payment stablecoin issuers, banks and custodians |
| By: International law firm WilmerHale. 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 Senate in June and passed the US House of Representatives yesterday (July 17). The bill is expected to be signed into law as early |
| Article source: https://www.wilmerhale.com/en/insights/client-alerts/20250718-what-the-genius-act-means-for-payment-stablecoin-issuers-banks-and-custodians#:~:text=the%20August%20recess.-,GENIUS%20establishes%20a%20clear%20regulatory%20framework%20for%20the%20issuance%20of,such%20as%20the%20US%20dollar. - Opalesque is not responsible for the content of external internet sites |