GENIUS Act Targets Stablecoins With On-Demand, Ironclad AML Rules
US Treasury’s GENIUS Act Targets Stablecoins with Iron-Fisted AML Rules US Treasury just dropped a bombshell proposal under the GENIUS Act, forcing stablecoin issuers to build bulletproof AML and sanctions programs. They must now block, freeze, or reject dodgy transactions on demand. This crackdown on illicit finance could reshape the $150B+ stablecoin market overnight. The…
