Crypto & Blockchain
Treasury's Stablecoin Mandate: Issuers Must Freeze Illicit Flows or Face the Heat
Picture Treasury officials poring over drafts in a D.C. war room: stablecoin giants like Tether and Circle now face mandates to police every shady transaction. This isn't optional—it's the GENIUS Act in action, thrusting crypto into the banking world's compliance grind.