U.S. Treasury to propose demands that stablecoin firms be set to police bad transactions
By Jesse Hamilton
The U.S. Treasury is preparing to propose new rules that require stablecoin issuers to monitor and prevent illicit transactions, treating them like other financial firms. This initiative aims to equip stablecoin companies with safeguards against illegal activities. CoinDesk has learned of these upcoming demands.
Not financial advice. Do your own research before making investment decisions.