Department of the Treasury· Proposed Rule
GENIUS Act Implementation
SUMMARY: The Department of the Treasury (Treasury) is issuing this advance notice of proposed rulemaking (ANPRM) to solicit public comment on questions relating to the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The GENIUS Act tasks Treasury (and various other…
Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.