Justin Levine

Treasury has proposed a rule implementing Section 3 of the GENIUS Act, which determines who may issue, offer and sell payment stablecoins in the United States. The proposal would implemen...

The OCC retained the core architecture of its proposed rule but left several of the most contested questions to be resolved on a case-by-case basis. 

Davis Polk partner and Financial Institutions practice co-head David Portilla and counsel Justin Levine co-authored “Congress stalled on crypto. The OCC has mapped a way forward” in B...

The SEC has created a five-year program allowing a permissioned blockchain system that uses AMMs to trade tokenized versions of exchange-listed stocks without registering as an exchange. ...

The FDIC’s proposal is a major shift in bank merger standards and may signal additional changes to come.

Reg CA would create tailored offering exemptions and disclosure rules for some primary offerings of crypto assets, but would provide less certainty to intermediaries and secondary markets.

The FDIC’s change seeks to improve transparency and predictability for new bank applicants.

Just over a year has passed since the enactment of the GENIUS Act, and the latest possible effective date of the Act is under six months away. Our client update summarizes progress in imp...

FinCEN and the federal banking agencies have taken additional steps to implement the AML/CFT and sanctions compliance obligations under the GENIUS Act through proposed rules related to Cu...

Davis Polk counsel Justin Levine authored “Everyone needs a stablecoin strategy” in Open Banker. In the article, Justin contends that every company should have a strategy to prepare f...