MEDIUMVulnerability
Global
US Treasury outlines proposed AML rules for stablecoin issuers
Thursday, April 9, 2026 at 12:24 PM UTC·Source: Finextra
Updated: Thursday, April 9, 2026 at 11:27 AM UTC
Executive Summary
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) issued a joint proposed rule to implement provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).
Analysis
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) issued a joint proposed rule to implement provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).