Andrew Hinkes Discusses Stablecoin Regulation with Cointelegraph

Winston & Strawn partner Andrew Hinkes spoke with Cointelegraph to discuss evolving U.S. stablecoin regulation following China’s launch of an interest-bearing digital yuan. Andrew weighed in on how potential shifts in U.S. political dynamics after the 2026 midterm elections could impact the regulatory landscape for digital asset firms.

He argued that an outright repeal of the GENIUS Act after the 2026 federal midterm elections was “highly unlikely,” but warned that a change in control of Congress could slow or block adoption of the pending market structure bill and potentially reshape regulatory enforcement.

When asked how stablecoin issuers should think about legal and regulatory risk in that environment, Andrew noted that digital asset firms “have always existed in an environment of regulatory uncertainty,” but that a change in control of Congress was “unlikely to materially impact stablecoin issuers.”