Article
Treasury Proposes Anti-Money Laundering And Sanctions Compliance Rules For Permitted Stable Coin Issuers Under The GENIUS Act
On April 8, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) issued a notice of proposed rulemaking to implement the anti-money laundering/countering the financing of terrorism (AML/CFT) and U.S. economic sanctions provisions of the GENIUS Act (the Proposed Rule).
Simpson Thacher & Bartlett