Debevoise & Plimpton LLP has updated its Guide to the GENIUS Act to include the recently published OCC final implementing rules, the U.S. Treasury Department’s proposed rulemaking on the extraterritorial…
On October 21, 2026, the Office of the Comptroller of the Currency (the “OCC”) issued final rules (the “Final Rules”) implementing major provisions of the Guiding and Establishing National Innovation for…
Congress and the federal government under the Trump Administration have made substantial progress in establishing the outlines of a set of interrelated federal regimes for digital financial assets in the…
Debevoise & Plimpton LLP has published a guide on the GENIUS Act, and the OCC and FDIC proposed rules, including our observations on key issues and on the potential implications…
On February 25, 2026, the Office of the Comptroller of the Currency (the “OCC”) issued a comprehensive rulemaking proposal (the “NPR”) to implement its statutory responsibilities under the Guiding and Establishing…
On July 18, 2025, President Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the “GENIUS Act” or the “Act”) after its passage in the House and…
As the Trump administration continues to pursue its agenda to promote digital assets in the United States, U.S. lawmakers are also pushing forward legislation to bring legal clarity to digital…
I. Overview After many months of rapid-fire crypto-related enforcement actions from the SEC, April itself only had one notable complaint, which was filed against Bittrex. The most important development was…
On Thursday, December 15, 2022, the New York Department of Financial Services (“DFS”) released a letter (the “Guidance”) outlining the pre-approval application and evaluation process for New York regulated banking…
Introduction On June 7, U.S. Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) (together, the “Senators”) introduced the Responsible Financial Innovation Act, a bipartisan bill that seeks to create a…