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    • FINANCIAL TECHNOLOGY—State regulatory organizations seek Treasury stablecoin safe harbors under GENIUS Act
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    Banking and Finance Law Daily Wrap Up, FINANCIAL TECHNOLOGY—State regulatory organizations seek Treasury stablecoin safe harbors under GENIUS Act, (Oct 20, 2026)

    Organizations Mentioned:Conference of State Bank Supervisors | Money Transmitter Regulators Association | National Association of State Credit Union Supervisors | National Conference of State Legislatures

    By John M. Pachkowski, J.D.

    It would be consistent with the purposes of the GENIUS Act for Treasury to establish safe harbors for issuers that wish to operate under a state regime during the period following the GENIUS Act effective date.

    Four state organizations have urged the ...

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