US Treasury Proposes GENIUS Act Rules Making Stablecoin Issuers Gatekeepers
US Treasury Pushes New Rules for Stablecoin Issuers The Treasury Department just floated new compliance mandates for anyone issuing dollar-pegged stablecoins, requiring full anti-money laundering programs and the ability to freeze or reject transactions on demand. The proposal, tied to the so-called GENIUS Act, signals that Washington is done treating stablecoins as a regulatory afterthought….
