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US Treasury moves forward with GENIUS Act, focusing on illicit finance

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US Treasury moves forward with GENIUS Act, focusing on illicit finance
US Treasury moves forward with GENIUS Act, focusing on illicit finance
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US Treasury moves forward with GENIUS Act, focusing on illicit finance

The proposed rule would direct payment stablecoin issuers to establish AML/CFT and sanctions compliance programs, and be able to “block, freeze, and reject” certain transactions.

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