Join us on May 27, 2026, from 3:00 pm to 4:00 pm EST

NASCUS is pleased to offer the next session in our complimentary member webinar series, featuring Andrew Glass and Gregory Blase of Nixon Peabody.

The Genius Act and the Clarity Act – What Credit Unions Should Know Now
In July 2025, Congress passed the Genius Act, establishing a framework for issuing payment stablecoins in the United States. Federal regulators have proposed rules to implement the act, creating standards for AML compliance, and reserve, capital, redemption, and reporting requirements. Payment stablecoins are digital payment instruments whose value is pegged to the U.S. Dollar. Their issuance promises to revolutionize the payments industry, both domestically and cross-border. Benefits can include facilitating peer-to-peer payments and money transmittal services at a faster, less expensive basis than traditional payment methods.

The proposed Digital Asset Market Structure (Clarity) Act would establish a comprehensive regulatory framework for crypto, splitting oversight between the SEC (securities) and CFTC (digital commodities). The OCC has enabled tokenized deposits by providing regulatory clarity that permits national banks to use distributed ledger technology (DLT) for payment activities, hold stablecoin reserves, and manage “gas” fees.

Join Nixon Peabody attorneys for a high-impact briefing designed to help business leaders stay ahead. You’ll gain:

• Clarity on what the Genius Act, the Clarity Act, and forthcoming regulations mean for you
• Guidance on how to prepare for compliance and mitigate risk
• Strategies to leverage early-mover advantages in a rapidly evolving market

Attendance is free as a NASCUS member benefit. This webinar will be recorded.
Please fill out the form below to participate. A virtual meeting link will be sent out ahead of the webinar.

Guest Speakers

Andrew C. Glass
Partner, Nixon Peabody
Andrew advises fintechs, financial services companies, and their investors on compliance with consumer financial services laws. He also defends clients against state and federal agency civil enforcement actions, including by state banking and consumer protection regulators and the US Consumer Financial Protection Bureau (CFPB), and against private lawsuits and class actions asserting claims under state and federal consumer protection laws. In addition, Andrew assists clients in conducting internal audits and investigations, preparing for supervisory examinations, and responding to regulatory investigations.

Gregory N. Blase
Partner, Nixon Peabody
Greg has more than 20 years’ experience representing financial services companies in complex litigation, enforcement, and regulatory matters. His clients include banks, mortgage lenders, credit card issuers, retailers, and other entities with consumer-facing financial services and payments businesses. Greg is experienced in the areas of credit reporting, debt collection, open banking, consumer bankruptcy compliance, consumer privacy, the Telephone Consumer Protection Act (TCPA), and state unfair and deceptive acts and practices laws.