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November 14, 2022
With many lawmakers calling for swift action following the FTX fallout, one U.S. Senator has blamed “billionaire crypto bros” for deterring “meaningful legislation.”
May 23, 2022
Stablecoins—a digitally native medium of exchange that seeks to maintain a stable relative value—have seen explosive growth in recent years as they've become increasingly used not only...
April 29, 2022
The TRUST Act comes after Senator Toomey solicited legislative proposals on stablecoin regulations in the latter half of 2021.
April 20, 2022
On April 6, Senator Pat Toomey (R-PA) released a draft of his proposed stablecoin legislation titled, Stablecoin Transparency of Reserves and Uniform Safe Transactions Act, or the...
April 19, 2022
Several recent releases of draft legislation, reports, and speeches highlight the federal government's efforts in the first quarter of 2022 to address the rapidly developing digital...
April 12, 2022
Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19...
April 11, 2022
The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval.
April 6, 2022
The legislation would grant stablecoin issuers a high degree of flexibility, allowing firms to be regulated state by state, as a bank, or as a “limited national limited payment stablecoin issuer” supervised by the Office of the Comptroller of the Currency.