Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System
By Jamie Redman
On April 8, 2026, the U.S. Department of the Treasury proposed new rules requiring permitted payment stablecoin issuers to comply with federal anti-money laundering (AML) and sanctions laws for the first time. FinCEN and OFAC issued a joint notice of proposed rulemaking (NPRM) mandating adherence to Bank Secrecy Act obligations. Meanwhile, Bessent vowed to protect the U.S. financial system.
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