GENIUS Act Forces Stablecoins Into Banking-Style AML and Sanctions Controls
US Treasury’s GENIUS Act Targets Stablecoins in War on Illicit Finance US Treasury just dropped proposed rules under the GENIUS Act, forcing stablecoin issuers to build ironclad AML and sanctions programs. They must now block, freeze, or reject shady transactions on demand. This ramps up oversight on crypto’s backbone, signaling regulators’ zero-tolerance for dirty money…
