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US Treasury Paves New Path for Stablecoin Regulation

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A strategic initiative from the US Treasury Department seeks to reform crime prevention protocols in the realm of stablecoins, targeting improved oversight without stifling creativity in digital payments. Spearheaded by both the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN), the joint rule proposal aims to address criminal activity concerns […]
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