Davis Polk partner David Portilla was featured on an episode of Deloitte’s Branching Out: A Retail Banking Podcast Series discussing the implications of the GENIUS Act. 

David, along with the host Bill Dworksy and Deloitte partner Richard Rosenthal, discuss how the GENIUS Act delivers long-awaited regulatory clarity, leading to a wave of innovation and sparking competition among banks, fintech disruptors, and technology leaders. 

Speaking about the GENIUS Act, David said, “The law is really the first comprehensive federal statute governing digital assets that we have. It provides a regulatory framework for payment stablecoins that includes standards for how stablecoins themselves should operate, standards for how payment stablecoin issuers should be regulated, and it provides a framework for the balance between federal and state regulation of payment stablecoin issuers.”

“Stablecoins and retail banking: New rules, new roles, new opportunities,” Branching Out (January 20, 2026)

Copy link to share post