stablecoins
Payment Stablecoins (EMTs): Legal Definitions, Uses, and Regulatory Parallels between the U.S. and Spain
Payment stablecoins (known in Spain as EMTs or E-money Tokens) represent an evolution in digital assets, designed to combine the stability of fiat currencies with the efficiency of blockchain technology
Risks to Monetary Policy and State Sovereignty from Stablecoins
Stablecoins represent an existential challenge to monetary policy, compelling a redefinition of stability mandates.
Regulatory Differences between MiCA in the EU and the Genius Act in the US
The differences between MiCA and the Genius Act highlight tensions between sovereign control in the EU and liberalization in the US
The Implications of the Genius Act for Stablecoin Issuers
The Genius Act, signed into law in July 2025 by the President of the United States, represents a milestone in the regulation of stablecoins
