Rimon Attorneys Nick Curley and Gavin Fearey Assist Texas Blockchain Council with GENIUS Act Comment Letter
Insights 
Gavin Fearey · 
Nick Curley · November 10, 2025
Rimon attorneys Nick Curley and Gavin Fearey assisted client Texas Blockchain Council in crafting its comment letter to the U.S. Department of the Treasury on implementation of the GENIUS Act.
Broadly, the letter stands for the “North Star” guiding principle that people and businesses use payment stablecoins because they view them like “cash in hand.” Naturally, industry and regulators will need to work together to protect that perception.
Among other things, the client’s letter highlights the importance of state-level regulatory innovation for payment stablecoins. It also encourages Treasury to strike a balance between meaningful disclosure on how tokenized reserve assets are held and protecting their security.
Rimon is proud to be a member of Texas Blockchain Council.
Read the full comment letter here.
Gavin Fearey represents private investment fund managers, commodity pool operators, bitcoin-native companies and other businesses in Texas and globally. A core of Gavin’s practice is working with bitcoin-native companies, bitcoin ‘hodlers’ and institutions looking to add bitcoin, stablecoins and other digital assets to their portfolios, products or transactions. Since 2017, he has worked with bitcoin custody solution providers, companies holding bitcoin as a treasury asset, companies using bitcoin as collateral for loans, bitcoin miners and infrastructure developers, and nonprofit developers within the bitcoin ecosystem. These clients tend to be nimble, technical, and can grow quickly—mirroring bitcoin’s own adoption curve. Read more here.
Nick Curley is a Texas-based attorney focused on Bitcoin, digital asset custody and recovery, and private fund and commodity pool formation. He represents Bitcoin operators (including custodial solution providers, miners and infrastructure participants), fund sponsors, registered and exempt investment advisers, commodity pool operators (CPOs), commodity trading advisors (CTAs) and other investment advisory professionals. Read more here.