President Trump signed the “Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025” (the “GENIUS Act” or the “Act”) into law on July 18, 2025, providing a comprehensive framework for regulating the issuance, sale, exchange, and oversight of stablecoins used for payments. Enacted by bipartisan vote, this legislation is a significant step in
Account control agreements are common in loan transactions where cash held in a bank deposit account or securities and other investment property held in a securities account maintained with a financial intermediary are pledged as collateral. See La. R.S. 10:9-314, 10:9-106 and 10:8-106. Perfection by control is the exclusive means of perfection of a UCC