As stablecoin innovators begin to explore their options for issuing payment stablecoins under the GENIUS Act, the question of what other legal obligations may burden their business is front of mind. In particular, the application of state law to payment stablecoin issuers can sink a business before it gets underway.

David Beam, the leader of our payments practice and an expert on state law preemption held a roundtable discussion with Joe Castelluccio and Matt Bisanz, partners in our fintech practice, to explore the key preemption issues in the GENIUS Act.

The passage of the GENIUS Act has opened the floodgates for stablecoins. As stablecoin innovators begin to explore their options for issuing compliant payment stablecoins, the securities law implications of the GENIUS Act have taken on an important role. In particular, choices made early in an issuer’s life may have an oversized impact on future compliance costs.

To learn more about this important issue, Mayer Brown is hosting a webinar with Liz Walsh, a former SEC lawyer in our Public Companies practice, and Matt Bisanz, fintech and regulatory partner in our Banking practice. Liz and Matt will explore the key securities law issues in the GENIUS Act.

As US regulators begin to write the rules for stablecoin issuers, one of the key areas to watch is anti-money laundering (AML) compliance. Responsible market participants will be looking for the development of reasonable, risk-based standards that require issuers to prudently control financial crime risk, while not being so onerous that the river of innovation is completely dammed.

In this webinar, Mayer Brown partners Brad Resnikoff and Matt Bisanz explore the key AML provisions of the GENIUS Act.