The GENIUS Act of 2025 Stablecoin Legislation Adopted in the US
On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins Act (the GENIUS Act), legislation that establishes a regulatory framework for payment stablecoins. It is the first federal legislation on digital assets to be enacted since President Trump issued an executive order aiming to make the US the “crypto capital of the world” (for more information, see this Latham blog post). First introduced in the Senate on February 4, 2025, the bill overcame procedural hurdles to pass with bipartisan support in the Senate on June 17, 2025 (by a vote of 68 to 30) and the House of Representatives on July 17, 2025 (by a vote of 308 to 122). This Client Alert provides an overview of the GENIUS Act’s key provisions as well as a preview of other digital asset bills continuing to work their way through Congress. These other bills may provide additional regulatory clarity later this year. The GENIUS Act adopts the following key terms: In terms of
August 5, 2026 Webcast The UK Crypto Rulebook Is Here: What Firms Need to Do Next Latham’s Fintech Industry Group provides practical steps cryptoasset firms should be taking now to prepare for authorization, compliance, and long-term operational readiness.
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