GENIUS Act: US Treasury Pushes Real-Time AML Rules on Stablecoin Issuers
US Treasury Pushes AML Rules on Stablecoin Issuers The Treasury Department wants payment stablecoin issuers to build full anti-money laundering programs and gain the power to freeze or reject transactions on command. The move comes through proposed rules under the GENIUS Act, aimed squarely at cutting off illicit finance flows through dollar-pegged tokens that now…
