This blog explores the similarities and differences between the EU’s Markets in Crypto-Assets (MiCA) regulation and the U.S.’s GENIUS Act, the world’s first federal law for payment stablecoins.

The GENIUS Act (2025) is the first U.S. federal framework for payment stablecoins, ensuring consumer protection, transparency, and stability while curbing illicit use and preserving the dollar’s global role. Passed with strong bipartisan support.