CI has received some commentary from the CEO of AMINA Bank regarding the recent crypto legislation that was approved in the US House of Representatives.
The GENIUS Act, payment stablecoin legislation, is now law after being signed by President Donald Trump.
The CLARITY Act, a broader market infrastructure bill, and the Anti-CBDC Act must first make their way through the US Senate before being presented to the President to be signed into law.
AMINA Bank, a regulated bank based in Switzerland, is one of the world’s first digital asset banks. CEO Franz Bermueller says the legislation bodes well for global adoption, including institutional support.
Bermueller sees the GENIUS Act as a “watershed moment” and not just for stablecions but for how institutions think about programmable money.
“The Act’s 1:1 reserve requirement essentially turns compliant stablecoins into tokenized claims on Treasury assets, creating programmable access to dollar liquidity that can move 24/7 across any blockchain,” says Bermueller, adding that the Act’s prohibition on generating yield for holders creates a natural bridge for the wider tokenized market sector.
RWAs [real-world assets], such as money market funds, short-duration instruments, and treasury products, can serve both as compliant reserve assets for stablecoin issuers and as a yield-generating layer for institutions, he explains.
“This convergence is expanding blockchain’s utility beyond payments into a complete onchain treasury ecosystem, creating new avenues for programmable finance that mirror traditional banking products but with 24/7 settlement capabilities,” says Bermueller. “Across our three jurisdictions—Switzerland, Abu Dhabi, and Hong Kong—we see this convergence accelerating. Corporate treasurers are moving beyond ‘crypto allocation’ toward integrated liquidity management, where stablecoins may become the programmable layer over traditional treasury assets. Trade finance, cross-border settlement, yield strategies—the same operations, but with 24/7 programmability.”
He views the US framework as becoming the global standard that other jurisdictions adapt to, rather than compete with. This is where the real transformation is happening. Stablecoins are fundamental infrastructure that fully integrates and disappears into the background, as global financial firms benefit from these digital assets.
“Crypto Week demonstrates that regulatory clarity creates competitive pressure between jurisdictions around the world, and that’s a great thing. The US breakthrough with stablecoins and market structure will force other major financial centers to accelerate their frameworks or risk losing institutional business. We believe that regulatory competition drives innovation and client protection simultaneously, and that is of benefit to everyone,” adds Bermueller.
He says that Amina Bank’s multi-jurisdictional perspective provides validation to their approach. Rather than waiting for global coordination, they have capabilities across various regulatory frameworks.
“Our clients benefit from Swiss banking stability, ADGM innovation, Hong Kong’s connectivity to Asian markets, and soon, Europe’s regulatory harmonisation and clarity. The US clarity adds another powerful point of connectivity and momentum to the system.”
Addressing the CLARITY Act, Bermueller believes this bill doesn’t just provide regulatory certainty; it enables institutional-grade derivatives, structured products, and risk management tools that are currently difficult to do. Bermueller sees the CLARITY Act as “unleashing crypto product sophistication.”
“This matters enormously for institutional adoption,” states Bermeuller. “It’s not enough to offer Bitcoin custody. Institutions need systematic crypto rebalancing, derivatives for risk management, and structured products for specific yield targets.”
He states that Amina Bank has spent years developing these abilities under Swiss oversight, and now US institutions will demand the same level of sophistication.
“The institutions with the most comprehensive product capabilities – not just the most compliant ones – will capture this opportunity.”