The U.S. regulatory agency has released a draft of the implementation rules for the GENIUS Act, requiring stablecoin issuers to enforce customer identification rules
According to CoinDesk, the U.S. Federal Reserve, the Treasury Department, and other financial regulatory agencies jointly released a draft of the implementation rules for the GENIUS Act, requiring stablecoin issuers to comply with the Bank Secrecy Act, just like traditional banks and brokers, implem...