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Charles Weinstein

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Charles Weinstein is a partner in Baker McKenzie’s US Fintech & Payments practice, based in the Firm’s DC office.
Charles has significant experience advising banks, non-bank financial services companies, and technology companies of all sizes on a broad range of regulatory and commercial issues that arise in the payments, fintech, and consumer finance sectors. He has extensive experience in the areas of money transmission, electronic payments, e-commerce, digital wallets and stored value, virtual currency and digital assets, consumer credit, and other emerging payment and credit products.
Prior to joining the Firm, Charles was part of the fintech practice at another global law firm and previously served as Senior Legal Counsel at a large social media company, covering global legal and regulatory matters related to payments and digital assets.
In AML & Financial Services Regulatory

United States: The GENIUS Act — A new federal framework for stablecoin issuers, custodians, and banks

by , , , and 9 Mins Read

On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), marking a pivotal moment in the evolution of digital asset regulation. As the first comprehensive federal framework governing payment stablecoins, the GENIUS Act introduces a robust regulatory regime designed to enhance market integrity and consumer protection. The GENIUS Act will take effect on the earlier of (i) January 18, 2027 (i.e., 18 months following enactment) or (ii) 120 days following the issuance of final implementing regulations. This relatively short compliance runway underscores the urgency for stakeholders to begin preparing now.