Summary
In this episode of FinWise EYE ON podcast, Sarah Grotta and Ben Jackson, COO of the Innovative Payments Association, discuss the evolving landscape of Fintech, focusing on the implications of recent regulatory changes, particularly the rise of stablecoins and the Genius Act. They explore the potential use cases for stablecoins, the challenges they may face, and the current regulatory environment affecting the financial services industry. The conversation also touches on the importance of education and compliance in navigating these changes.
Takeaways
- The Innovative Payments Association focuses on creating a conducive regulatory environment for payments.
- Stablecoins aim to address the volatility issues associated with cryptocurrencies.
- The Genius Act seeks to clarify the rules around stablecoin issuance.
- Stablecoins could significantly impact traditional payment methods and financial services.
- There is a need for education to build trust in stablecoins among consumers.
- The current regulatory environment is seeing a shift towards less aggressive enforcement.
- The CFPB’s budget cuts may affect its ability to regulate effectively.
- Stablecoins could provide new opportunities for businesses in payment processing.
- The industry must prepare for potential regulatory changes as political winds shift.
- Compliance education is crucial for navigating the evolving financial landscape.
IPA Compliance Bootcamp – September 11, 2025 – Chicago
Podcast by FinWise Bank
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