- The FDIC has proposed new anti-money laundering, counter-terrorist financing, and sanctions compliance standards for stablecoin issuers aligned with Treasury rules, including requirements administered by FinCEN and OFAC.
- Under the Proposal, the FDIC would not take enforcement action against an
Treasury Invites Public Input on GENIUS Act Implementation
The request for comment aims to help Treasury devise clear guidelines for stablecoin issuers, promote international coordination, and protect consumers from potential risks.
By Arthur S. Long, Parag Patel, Pia Naib, and Deric Behar
On September 19, 2025, the US Department of the Treasury (Treasury) issued an Advance Notice of Proposed Rulemaking (ANPRM), seeking public comment related to its implementation of the Guiding and Establishing National Innovation for US Stablecoins Act (the GENIUS Act), a comprehensive framework
Regulatory Reversals: Political Transitions and the Congressional Review Act
A Republican Congress and the incoming Trump administration may employ the CRA to quickly overturn recent rules that faced heavy criticism from the financial services industry.
By Jenny Cieplak, Zachary Fallon, Arthur Long, Parag Patel, Barrie VanBrackle, Stephen Wink, Connor Jobes, and Deric Behar
Every four years in American politics is an opportunity to turn the tables on the party in power. But leading up to and following an election that shifts control