GENIUS Act Cracks Down on Stablecoins With Mandatory AML and Sanctions Powers
US Treasury’s GENIUS Act Targets Stablecoins with Harsh AML Rules US Treasury just dropped proposed rules under the GENIUS Act, forcing stablecoin issuers to build ironclad AML, CFT, and sanctions programs. They must now block, freeze, or reject dodgy transactions on demand. This is Washington’s latest power grab over crypto’s backbone—stablecoins—and it could reshape compliance…
