GENIUS Act Forces Stablecoins to Block, Freeze and Reject Illicit Transactions
US Treasury’s GENIUS Act Targets Stablecoins with Iron-Fisted AML Rules US Treasury just dropped proposed rules under the GENIUS Act, forcing stablecoin issuers to build bulletproof AML and sanctions programs that can instantly block or freeze dodgy transactions. This crackdown on illicit finance could reshape how dollars move on-chain, hitting everything from Tether to Circle….
