Gibson Dunn Lawyers Discuss GENIUS Act for Compliance & Enforcement

Article  |  August 1, 2025

Compliance & Enforcement

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Writing for Compliance & Enforcement, partners Jeffrey Steiner, Jason Cabral, Rosemary Spaziani, and Sara Weed examine the provisions and implications of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), signed into law on July 18, 2025.

The GENIUS Act establishes a comprehensive framework for the U.S. approach to digital assets and related activities.

Their article discusses the Act’s framework to become a permitted stablecoin issuers, the dual-licensing framework, including the potential impact on state law pre-emption, restrictions on permitted stablecoin features, and answers other key questions the Act.