The US Treasury plans to introduce new anti-money laundering rules for stablecoins.

FinCEN and OFAC Propose New AML Rules for Stablecoin Issuers

Two US Treasury agencies are moving to tighten rules on stablecoins. FinCEN and OFAC plan to jointly issue regulations requiring stablecoin issuers to establish robust anti-money laundering and sanctions compliance programs. That includes freezing, blocking, and rejecting suspicious transactions—along with adhering to Bank Secrecy Act requirements.

The proposed rules take a risk-based, outcome-focused approach. Agencies believe that institutions with sound compliance systems generally face lower enforcement risk. The move is aimed at advancing implementation of the GENIUS Act, which is expected to take full effect in 2027.