US Treasury develops strategies to stop illegal activities under the genius act

He Treasury Department toHe brought a 60 -day public comments period to receive innovative proposals that help detect and stop financial crimes with cryptoactive, this based on the recently approved law related to Stablecoins.

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• He Treasure from the USA request ideas to combat money laundering with crypto.
• The measure is framed in the implementation of the new Genius law About Stablecoins.
• The Congress still debates a second key project on digital asset markets.

He US Treasury Department He announced the beginning of a public consultation process in which he invites financial institutions and actors in the sector to propose new ways to detect and cut illegal cryptocurrency activities, such as money laundering. This action occurs while the implementation of the first major law of Stablecoins in the country, known as GUIDING AND ESTABLISHING National Innovation for Us Stablecoins (Genius) ACT.

According to recently published reports, the measure opens a 60 -day period in which the industry may present comments on methods and strategies to identify suspicious financial activities. He Treasure He stressed that he looks for approaches “Innovative or novel” that can be used within the compliance frames already established by banks and regulated entities.

Context of Genius Law

The Genius law It represents the first comprehensive legal framework in the United States for the regulation of stablecoins, cryptocurrencies designed to maintain parity with the dollar or other reference assets. The objective is to establish clear rules for issuers and users, in addition to reducing risks associated with financial crimes and lack of transparency in the sector.

However, this legislation constitutes only the first part of a broader regulatory agenda on cryptoactive. The sector awaits the discussion of another bill, still pending in the Congress, which would define guidelines for digital asset markets in general. The House of Representatives recently approved the Digital Asset Market Clarity Act, With broad bipartisan support, but it will be the Senate Whoever takes the front after his summer break.

Key implementation and actors

The implementation process of the Genius lawnvolve multiple regulatory agencies, including the Currency Comptroller Office (OCC) and the Federal Deposit Insurance Corporation (FDIC). These institutions must design supervisory policies for Stablecoins issuers, establishing transparency requirements, risk management and compliance controls.

According to the announcement, regulated financial institutions must adapt to new guidelines that not only seek the detection of illegal activities, but also the prevention of their use by malicious actors. This approach reflects the growing pressure on regulators to balance innovation in the sector with financial security.

Impulse from the Trump administration

President Donald Trump has promoted a favorable position towards cryptocurrencies, instructing federal agencies to prepare clearer standards after years of legal friction between the government and the industry. The Administration issued several executive orders and communications aimed at establishing regulations that grant greater certainty to the sector.

For its part, the president of the Bag and Securities Commission (SEC), Paul Atkins said that some regulatory actions could advance even before Congress completes their legislative works. This opens the possibility that certain standards are applied in the short term, regardless of the parliamentary debate.

The regulatory process in the United States is closely followed by companies, investors and users of Stablecoins, representing a growing portion of the cryptocurrency market. The introduction of the Genius law and the future discussion of Digital Asset Market Clarity Act They could define a new paradigm for the adoption and supervision of cryptoactives in the global economy.

For the industry, the comment period opened by the Treasure It represents both a challenge and an opportunity: to influence the design of regulatory tools that protect the financial system without quelling innovation.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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