The passage of the GENIUS Act has opened the floodgates for stablecoins. Dozens of new issuers (if not more) are expected to enter the market in the coming months, and the total volume outstanding continues to increase at a rapid pace.

As regulators begin to write the rules for these new stablecoin issuers, one of the key areas to watch is anti-money laundering (AML) compliance. Responsible market participants will be looking for the development of reasonable, risk-based standards that require issuers to prudently control financial crime risk, while not being so onerous that the river of innovation is completely dammed. This CLE will provide guidance on how to navigate these evolving regulatory requirements effectively.