Comment from White & Case LLP
White & Case LLPSupportIndividual
Summary: A law firm (White & Case) is submitting a comment on behalf of a blockchain infrastructure client. They support FinCEN's proposed approach of providing permitted payment stablecoin issuers (PPSIs) with technological flexibility rather than prescriptive mandates to comply with AML/CFT and lawful order requirements.
White & Case, on behalf of a leading blockchain and smart contract platform, submits this comment letter in respect of FinCEN’s proposed rulemaking under the GENIUS Act.