Stablecoin issuers and digital asset custodians face sweeping new compliance rules in the United States, according to a new policy report from CertiK.
The analysis shows how federal legislation and market reforms are reshaping the industry’s future.
The report highlights three major developments: the GENIUS Act, the CLARITY Act, and the SEC’s rescission of Staff Accounting Bulletin 121. Together they set clearer standards for stablecoin issuance, digital asset classification, and institutional custody.
“This report reveals a pivotal shift in how digital assets are regulated and supervised across the United States,” a CertiK spokesperson said.
“By analysing federal legislation and market structure proposals, as well as state-level obligations, the research highlights the operational demands that digital asset firms must meet in the coming years.”
The findings show banks and trust companies now have a clearer path to offering digital asset custody.
Stablecoin issuers must comply with uniform reserve and redemption rules. Multi-state operators face a universal baseline of cybersecurity and anti-money laundering requirements.
Key points include Senate proposals introducing tailored disclosures and expanding the CFTC’s oversight of digital commodity markets. The rescission of SAB 121 removes capital constraints on custodians, enabling broader bank participation.
Despite progress, fragmented state licensing regimes continue to create a preemption gap for multi-state operators.
Institutional pilots such as the Regulated Liability Network and Project Guardian show accelerating adoption of permissioned settlement infrastructure.
Other themes include state-level frameworks, blockchain analytics, and improvements in code auditing standards for smart contract security.
CertiK says that financial institutions are shifting focus toward permissioned digital assets, with cross-jurisdictional compliance seen as a competitive advantage.
