GENIUS Act Set to Require AML Compliance and Freeze Capabilities for Stablecoins
US Treasury Targets Stablecoins With GENIUS Act AML Rules The U.S. Treasury has proposed new compliance mandates under the GENIUS Act that would force stablecoin issuers to build full anti-money laundering programs and gain the technical ability to freeze or block transactions on command. The move signals that stablecoins are no longer operating in a…
