U.S. Regulators Move to Impose KYC Rules on Stablecoin Issuers Under GENIUS Act
U.S. regulators are moving to force stablecoin issuers into bank-style KYC/AML rules under the GENIUS Act, tightening oversight on direct accounts while mostly leaving secondary transfers alone. It’s a big step toward legit adoption — and a bigger hit to crypto’s privacy-first crowd.
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