Update on 2025 U.S. Stablecoin Legislation | Womble Bond Dickinson - JDSupra

Womble Bond Dickinson provides an analysis of the landmark GENIUS Act and CLARITY Act, two pivotal pieces of legislation that establish the first comprehensive federal framework for cryptocurrency and stablecoin regulation in the United States.

The GENIUS Act, signed into law in July 2025, creates federal regulation for stablecoins requiring 100% reserve backing and compliance measures, while the CLARITY Act clarifies regulatory jurisdiction between the SEC and CFTC for digital assets. These legislative developments represent a watershed moment for the crypto industry, providing much-needed regulatory clarity for financial institutions, fintech companies, and traditional businesses looking to integrate digital assets into their operations.

• The GENIUS Act establishes federal stablecoin regulation requiring full reserve backing and anti-money laundering compliance
• The CLARITY Act transfers most digital asset oversight from the SEC to the CFTC while maintaining fraud protection
• New regulations enable traditional businesses to explore stablecoin integration for payments and cross-border transactions
• Companies must implement robust compliance frameworks to meet AML/KYC requirements and regulatory standards