On September 19, 2025, the Department of the Treasury published an advance notice of proposed rulemaking to solicit public comment on questions relating to implementation of the GENIUS Act. Comments are due October 20, 2025.
The GENIUS Act requires nearly 20 rulemakings by Treasury and other federal agencies. Here, Treasury is seeking comment on six broad categories of information that will help inform future rulemaking. The six categories include: (1) stablecoin issuers and service providers, (2) illicit finance, (3) foreign payment stablecoin regimes, (4) taxation, (5) insurance, and (6) economic data. The six broad categories are further broken down into 58 multi-part questions.
The comment period provides an opportunity for industry and consumers to provide critical feedback to help shape upcoming rules. The public will have additional opportunities in the future to comment when Treasury proposes specific rules
PartnerScott brings in-depth knowledge of SEC policies, procedures and enforcement philosophy to each representation. Scott regularly advises clients across a broad sector of the economy facing sensitive reporting, compliance and ...
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On October 8, 2020, the Department of Justice’s Cyber-Digital Task Force released an 83-page report entitled “Cryptocurrency: An Enforcement Framework.” In an accompanying press release, Attorney General Barr remarked, “Cryptocurrency is a technology that could fundamentally transform how human beings interact, and how we organize society. Ensuring that use of this technology is safe, and does not imperil our public safety or our national security, is vitally important to America and its allies.” The DOJ report highlights many of the legal and enforcement risks posed in the burgeoning crypto marketplace, and includes various enforcement case studies as well as informative graphics.
On March 9, 2020, Rep. Paul Gosar (R-AZ) introduced H.R. 6154, the Crypto-Currency Act of 2020. The bill is the latest effort to provide federal oversight to the burgeoning market for crypto-assets.
The Hunton Blockchain Blog features opinions and legal analysis as we follow the development and use of distributed ledger technology known as the blockchain.
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