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US Treasury proposes GENIUS Act rules targeting illicit finance

The proposed rule would direct payment stablecoin issuers to establish AML/CFT and sanctions compliance programs, and be able to “block, freeze, and reject” certain transactions.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Treasury proposes GENIUS Act rules targeting illicit finance

The proposed rule would direct payment stablecoin issuers to establish AML/CFT and sanctions compliance programs, and be able to “block, freeze, and reject” certain transactions.

Why this matters

U.S. Treasury is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

Original source

Read on Cointelegraph

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