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
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.