Policy Policy Financial Crimes Enforcement Network (FinCEN)· United States · 2026-04-08

Treasury Proposes Rule to Implement the GENIUS Act’s Requirements to Counter Illicit Finance

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control proposed a rule to implement the GENIUS Act’s anti-money laundering and sanctions compliance program requirements. The rule aims to encourage innovation in payment stablecoins while addressing potential illicit finance risks.

Action date

2026-04-08

Authority

Financial Crimes Enforcement Network (FinCEN)

Country

United States

Primary source:
https://www.fincen.gov/news/news-releases/treasury-proposes-rule-implement-genius-acts-requirements-counter-illicit ↗

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