GENIUS Act Forces Stablecoins Into AML Compliance, Reshaping Crypto
US Treasury’s GENIUS Act Targets Stablecoins in War on Illicit Finance US Treasury just dropped a bombshell proposal under the GENIUS Act, forcing stablecoin issuers to build ironclad AML and sanctions programs. They must now block, freeze, or reject dodgy transactions on demand. This ramps up oversight on crypto’s backbone, signaling regulators are dead serious…
