TechFlow news: On April 9, according to CoinDesk, the U.S. Department of the Treasury is set to release a proposed rule requiring stablecoin issuers to establish compliance standards to combat money laundering and sanctions violations. The Financial Crimes Enforcement Network (FinCEN) will require issuers to implement anti-money laundering (AML) compliance programs capable of suspending suspicious transactions, with particular focus on high-risk customers; the Office of Foreign Assets Control (OFAC) will require issuers to deploy sanctions compliance safeguards in both primary and secondary markets to identify and reject transactions violating U.S. sanctions regulations. These rules aim to clarify issuers’ compliance pathways under the GENIUS Act framework and are currently entering a public comment period, during which revisions may occur before finalization.
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