Treasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS Act

Treasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS Act

Treasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS Act Price data byDecryptNewsLaw and OrderTreasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS ActThe proposed rule prohibits people with criminal backgrounds from serving as the head of stablecoin issuers’ compliance programs.By André BeganskiEdited by Andrew HaywardApr 8, 2026Apr 8, 20263 min readU.S. Treasury Secretary Scott Bessent. Image: United States Department of the Treasury/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief The U.S. Treasury proposed a rule detailing how stablecoin issuers must build anti-money laundering and sanctions programs under the GENIUS Act. In many ways, the rules bring stablecoin issuers under the umbrella of other entities that FinCEN and OFAC already regula

Source: https://decrypt.co/363690/treasury-outlines-stablecoin-rules-fight-illicit-finance-under-genius-act