Tag: stablecoins

FinCEN Proposes Rule for Stablecoin Customer Identification Programs

18 Jun 2026 9:21 a.m. · Source: Financial Crimes Enforcement Network

FinCEN and other agencies have proposed a new rule under the GENIUS Act. It mandates customer identification programs for stablecoin issuers, treating them as financial institutions to combat illicit finance and protect U.S. financial security.

Politics and Government Business Law Enforcement Federal Government Economy Banking Legal Financial Markets FinCEN GENIUS Act Stablecoins Customer Identification Program Financial Regulation Bank Secrecy Act U.S. Department of the Treasury Financial Crimes Enforcement Network