FinTech Law Watch, published by K&L Gates, focuses on legal developments and regulatory updates in the financial technology sector. The blog covers topics such as digital asset classifications, regulatory guidance from authorities like ASIC and FinCEN, and the implications of new legislation including the GENIUS Act. It addresses issues related to stablecoins, payment systems innovations like agentic AI payments, and the evolving landscape of money transmitter licensing. The blog also examines international regulatory frameworks, such as Singapore's approach to stablecoin issuance, providing insights into compliance, licensing, and operational challenges faced by fintech companies.
By: Judith Rinearson, Jennifer L. Crowder, and Joshua L. Durham
The GENIUS Act (Act) allows “permitted payment stablecoin issuers”—which term includes nonbanks that are either Federal qualified payment stablecoin issuers (FQPSI) (regulated by the OCC) or State qualified…
By: Lucas Nicolet-Serra, Edward Bennett, and Judith Rinearson
With the passage of the GENIUS Act in the US, there has been an increased focus on how different countries have approached Stablecoin regulation. This blog examines stablecoin regulation in…
By: Daniel Knight, Ben Kneebush and Thais Fernandes
The Federal Court of Appeal has dismissed ASIC’s appeal and upheld the primary judge’s decision that Finder Wallet’s (Finder) product “Finder Earn” was not a “debenture” and they did not have…
By: Jeremy M. McLaughlin and Joshua L. Durham
On 30 July 2025, the President’s Working Group on Digital Asset Markets published its long-awaited report, entitled “Strengthening American Leadership in Digital Financial Technology” (the Report). The Report introduces actionable…
By: Cheryl L. Isaac and Clifford C. Histed
The “Strengthening American Leadership in Digital Financial Technology” Report, published in July 2025 by the President’s Working Group on Digital Asset Markets (the PWG), includes comprehensive recommendations for immediate action…
By: Daniel Knight, Simon Kiburg and Madison Jeffreys
The Reserve Bank of Australia (RBA) has proposed major reforms to the existing card payment and surcharging regulatory landscape in Australia.
On 15 July 2025, with the recommendations of the Payments System…
By: Judith Rinearson and Kai Zhang
The United Kingdom is quickening the pace on the new crypto regulatory regime. The Financial Conduct Authority (FCA) published three papers in quick succession in May 2025: a discussion on key policy positions (…
