US Regulatory Compliance
Guiding and Establishing Innovation for U.S. Stablecoins Act (GENIUS Act)
Public Law 119–27 (July 18, 2025), known as the GENIUS Act, establishes the first comprehensive federal framework for stablecoins, particularly focusing on payment stablecoins. This legislation limits issuance to permitted payment stablecoin issuers and enforces digital asset regulations by restricting digital asset service providers from offering or selling non-compliant stablecoins after a three-year transition period.
Parisii™ Institutional Tokenization℠ (IT) and Parisii™ Institutional Staking℠ (IS) provide robust compliance solutions to ensure alignment with the GENIUS Act through the following measures:
Permitted Issuers Only: We exclusively integrate stablecoins issued by permitted issuers (Federal, State, or insured depository institution subsidiaries) that have received approval under the Act.
Lawful Order Capability: Our systems are designed to respond to lawful orders by executing seizure, freeze, burn, or transfer prevention protocols.
Foreign Issuer Restrictions: Non-U.S. stablecoins are only offered when the issuer demonstrates and contractually commits to full compliance with lawful orders.
Ongoing Due Diligence: We conduct continuous reviews to ensure that stablecoins adhere to the Act’s fixed-redemption, reserve-maintenance, and non-security requirements.
Digital Asset Market Clarity Act (CLARITY Act)
The Digital Asset Market Clarity Act (amendment in the nature of a substitute to H.R. 3633) delivers a comprehensive federal framework distinguishing digital securities from digital commodities, modernizing rules for ancillary assets and network tokens, and strengthening DeFi, banking, and customer-protection standards. It cross-references GENIUS Act definitions for digital assets and service providers.
Parisii™ Institutional Tokenization℠ (IT) and Parisii™ Institutional Staking℠ (IS) align with the CLARITY Act through:
- Asset Classification: We apply the Act’s definitions of network tokens, ancillary assets, digital commodities, and decentralized governance systems.
- Securities & Risk Management: Full adherence to disclosure, recordkeeping, insider-trading, and digital-asset-intermediary requirements.
- Illicit Finance & Customer Protections: Enhanced Bank Secrecy Act controls, bankruptcy safe harbors, and segregation practices.
- Regulatory Coordination: Support for CFTC-SEC sandbox participation and innovation provisions.
Puerto Rico International Financial Entity (IFE) Charter
Public Law 119–27 (July 18, 2025), known as the GENIUS Act, establishes the first comprehensive federal framework for stablecoins, particularly focusing on payment stablecoins. This legislation limits issuance to permitted payment stablecoin issuers and enforces digital asset regulations by restricting digital asset service providers from offering or selling non-compliant stablecoins after a three-year transition period.
Parisii™ Institutional Tokenization℠ (IT) and Parisii™ Institutional Staking℠ (IS) provide robust compliance solutions to ensure alignment with the GENIUS Act through the following measures:
Permitted Issuers Only: We exclusively integrate stablecoins issued by permitted issuers (Federal, State, or insured depository institution subsidiaries) that have received approval under the Act.
Lawful Order Capability: Our systems are designed to respond to lawful orders by executing seizure, freeze, burn, or transfer prevention protocols.
Foreign Issuer Restrictions: Non-U.S. stablecoins are only offered when the issuer demonstrates and contractually commits to full compliance with lawful orders.
Ongoing Due Diligence: We conduct continuous reviews to ensure that stablecoins adhere to the Act’s fixed-redemption, reserve-maintenance, and non-security requirements.
New York Uniform Commercial Code (UCC) and Digital Assets
The New York UCC provides foundational rules for commercial transactions, including those involving digital assets. Recent amendments, enacted in December 2025 and effective June 3, 2026, introduce Article 12 to address "controllable electronic records" (CERs), such as cryptocurrencies, non-fungible tokens, and tokenized payment rights. These updates modernize the framework to facilitate secure transfers, perfection of security interests, and negotiability of digital assets.
Notable provisions include:
- Control and Perfection: Security interests in CERs can be perfected through "control," akin to possession of tangible assets, ensuring priority and enforceability.
- Negotiability: Qualifying purchasers who acquire CERs in good faith and for value take free of conflicting claims, promoting transactional certainty.
- Scope: The amendments cover electronic equivalents of traditional instruments, enabling seamless integration of blockchain and other technologies into commercial law.
Parisii™ aligns its operations with these evolving standards to ensure that tokenized assets and related transactions are governed by clear, enforceable rules.
New York Banking Law and Virtual Currency Regulations
Public Law 119–27 (July 18, 2025), known as the GENIUS Act, establishes the first comprehensive federal framework for stablecoins, particularly focusing on payment stablecoins. This legislation limits issuance to permitted payment stablecoin issuers and enforces digital asset regulations by restricting digital asset service providers from offering or selling non-compliant stablecoins after a three-year transition period.
Parisii™ Institutional Tokenization℠ (IT) and Parisii™ Institutional Staking℠ (IS) provide robust compliance solutions to ensure alignment with the GENIUS Act through the following measures:
Permitted Issuers Only: We exclusively integrate stablecoins issued by permitted issuers (Federal, State, or insured depository institution subsidiaries) that have received approval under the Act.
Lawful Order Capability: Our systems are designed to respond to lawful orders by executing seizure, freeze, burn, or transfer prevention protocols.
Foreign Issuer Restrictions: Non-U.S. stablecoins are only offered when the issuer demonstrates and contractually commits to full compliance with lawful orders.
Ongoing Due Diligence: We conduct continuous reviews to ensure that stablecoins adhere to the Act’s fixed-redemption, reserve-maintenance, and non-security requirements.
NYDFS Guidelines on Custody of Digital Assets
The NYDFS has issued detailed guidance on digital asset custody, most recently updated on September 30, 2025, to enhance customer protections in insolvency scenarios. This framework applies to BitLicensees and chartered entities, prioritizing segregation and safekeeping.
Core elements encompass:
- Asset Segregation: Customer virtual currency must be held separately from institutional assets, with clear accounting to prevent commingling.
- Limited Use: Custodians may only possess assets for safekeeping, prohibiting rehypothecation or use for proprietary purposes without explicit consent.
- Sub-Custodian Arrangements: New relationships require NYDFS approval, with agreements ensuring equivalent protections and disclosures to customers.
- Disclosures: Institutions must provide transparent, accessible information on custody terms, risks, and practices.