The GENIUS Act: Understanding the New Era of Stablecoin Regulation and Corresponding Market Opportunities

Moderator, Vincent J. Nolan III | Duane Morris

Vincent J. Nolan practices in the area of litigation, with a focus on complex civil litigation and domestic and international white-collar matters before the U.S. Department of Justice, U.S. Securities & Exchange Commission, federal agencies and regulators, and state Attorneys General. He has advised clients seeking licenses from the Office of Foreign Assets Control and has also defended numerous Nasdaq delisting appeals. He has international expertise in the litigation and defense of blockchain and crypto enforcement matters, including blockchain tracing.

Mauro M. Wolfe | Duane Morris

Mauro Wolfe leads Duane Morris’ Digital Assets and Blockchain Group and supports over 50 attorneys in the practice. He is a former SEC enforcement attorney and a former federal prosecutor. With substantial expertise in the federal securities laws and substantial experience with technology, Mauro regularly advises domestic and global clients in highly complex crypto regulation and compliance, and cross-border matters.

Joseph E. Silvia | Duane Morris

Joe Silvia counsels financial institutions on M&A, AML, fintech, and regulatory compliance. A former counsel at the Federal Reserve Bank of Chicago, he also chairs the ABA Banking Law Committee and teaches at Chicago-Kent. Joe supports clients on digital asset strategy, licensing, and financial services innovation.

Criston E. Cicala | Duane Morris

Cris Cicala regularly advises both domestic and international clients on matters involving structured finance, capital markets, and private credit. As a member of Duane Morris LLP’s Blockchain and Digital Asset leadership team, Cris applies his 20+ years of legal and investment experience across global markets to structuring crypto transactions and addressing related regulatory matters.

I. Opening remarks and context | 1:00pm – 1:05pm

• What is the GENIUS Act?
• The rise of stablecoins and regulatory need

II. Key provisions of the GENIUS Act | 1:05pm – 1:20pm

• Who can issue payment stablecoins? (limitation on issuers)
• Reserve and operational requirements
• Dual federal-state regulatory structure
• Bankruptcy priority for stablecoin holders

III. Impact and implications for stakeholders | 1:20pm – 1:35pm

• For stablecoin issuers (new & existing)
• For financial institutions (banks, credit unions)
• For digital asset service providers & exchanges
• Broader market and national security impacts
• Consumer protection

IV. Looking ahead: Market opportunities & future developments | 1:35pm – 1:50pm

• Rulemaking and agency interpretation
• Remaining regulatory gaps in crypto
• How to enter the digital assets market

V. Q&A and closing comments | 1:50pm – 2:00pm