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

https://cointelegraph.com/news/treasury-genius-act-rule-illicit-finance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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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