Jason Gottlieb Quoted on Crypto Rulemaking Challenges Ahead in Law360
Partner Jason Gottlieb was quoted in a Law360 article titled “Crypto to Take on Rulemaking Push, and Pushback, in 2026,” which examined the complex crypto regulatory landscape ahead for digital assets and the factors that could complicate lawmakers’ and regulators’ agendas.
While the new administration’s commitment to making the U.S. the “crypto capital of the world” energized crypto policy efforts in 2025, critical legislation remains unfinished. The House passed its Clarity Act in July, but the Senate pushed its deliberations on market structure to 2026. Meanwhile, regulators face deadlines to implement the Genius Act’s stablecoin framework.
Speaking at the Blockchain Association’s Policy Summit in December, Jason, who chairs Morrison Cohen’s Digital Assets practice, noted that the Genius Act itself is only around 30 pages, “so there’s a lot that may need to be filled in.” Based on comment letters, he said, “there’s going to be several battles that are shaping up for rulemaking here, because Genius, as legislation goes, is a little bit sparse.”
Jason identified key unresolved issues, including how regulators will treat synthetic stablecoins and address stablecoins issued by entities not defined as digital asset service providers under the law, like blockchain protocols or software interfaces.
He cautioned that litigation over these issues will take years. “These battles are just beginning,” he said. “We’re going to see iterations of the battles when a proposed rule comes out, when a final rule comes out, and then again … in [the U.S. Supreme Court’s] October term 2032, so there’s a lot of questions for OCC and Treasury to resolve.”
Law360 subscribers may read the full article here.
Contacts
- Jason P. Gottlieb Partner & Chair, Digital Assets; Chair, White Collar and Regulatory Enforcement
- jgottlieb@morrisoncohen.com
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