The U.S. Department of the Treasury plans to implement new anti-money laundering and sanctions compliance regulations for stablecoin issuers.

MeNews · 2026-04-09T01:03:17+00:00

The U.S. Department of the Treasury plans to introduce regulations requiring stablecoin issuers to establish anti-money laundering and sanctions compliance systems, emphasizing that financial institutions need to understand their own risks to avoid enforcement actions. This move aims to implement the GENIUS Act.

MeNews

2026-04-09 01:03:17

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ME News update, April 9 (UTC+8), the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) under the U.S. Department of the Treasury will jointly issue proposed rules requiring stablecoin issuers to establish comprehensive anti-money laundering and sanctions compliance systems. Specific measures include freezing, blocking, and rejecting suspicious transactions, and complying with relevant provisions of the Bank Secrecy Act. The rules emphasize an effects-based approach, stating that financial institutions know their own risks best, and issuers with well-established and robust compliance systems are typically exempt from enforcement actions. This move is intended to implement the GENIUS Act passed last year, which is expected to take full effect in 2027. (Source: ChainCatcher)

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