GENIUS Act rules face a June 9 comment deadline as FinCEN and OFAC move stablecoin issuers toward AML and sanctions compliance.

FinCEN filed the notice of appeal with the U.S. Court of Appeals for the Fifth Circuit through the Department of Justice earlier this month.

How banks' SARs, forensic accounting, blockchain analytics, AI tools, and U.S. laws help trace and prosecute laundered funds.

The American Bankers Association has called for more time on stablecoin rulemaking tied to the GENIUS Act, citing gaps in regulatory coordination. The American Bankers Association, in a letter sent Tuesday, urged the U.S. Department of the Treasury, Federal Deposit…

The stablecoin news out of Washington this week goes beyond reserves and redemptions — FinCEN, the Treasury’s financial crimes unit, has proposed rules that would fundamentally reform how stablecoin issuers and all US financial institutions handle anti-money laundering compliance, shifting…

Legal observers warn that FinCEN retains broad authority over real estate transactions — and could ultimately impose stricter requirements.

U.S. District Judge Jeremy Kernodle of the Eastern District of Texas ruled Thursday that FinCEN exceeded its statutory authority.

The rule is already prompting operational changes, new workflows and questions from buyers and sellers first encountering the requirements.

Services include buyer-facing intake to securely collect required information, completion and submission of reports.

The system integrates into title workflows and manages buyer and seller outreach and filing with FinCEN on behalf of the reporting party.