Data / Federal rules / 2026-06963
Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements
The Financial Crimes Enforcement Network published this proposed rule in the Federal Register on April 10, 2026. Comments closed on June 9, 2026.
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What the agency says
The Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) are jointly issuing this proposed rule to implement provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). Specifically, it implements the GENIUS Act's directive to treat permitted payment stablecoin issuers (PPSIs) as financial institutions for purposes of the Bank Secrecy Act, proposes anti-money laundering obligations for PPSIs, and proposes certain specific obligations required by the GENIUS Act for PPSIs. It also implements the GENIUS Act's directive to require PPSIs to maintain effective sanctions compliance programs.
Key facts
- Document number
- 2026-06963
- Type
- Proposed rule
- Action
- Joint proposed rule
- Agency
- Treasury Department; Foreign Assets Control Office; Financial Crimes Enforcement Network
- Published
- April 10, 2026
- Comments due
- June 9, 2026
- Dates
- Comments must be received by June 9, 2026.
- Docket
- Docket No. FINCEN-2026-0100
- Regulation ID (RIN)
- 1506-AB73
- Code of Federal Regulations
- 31 CFR 502; 31 CFR 1010; 31 CFR 1033
- Topics
- Administrative practice and procedure; Authority delegations (Government agencies); Banks, banking; Blocking of assets; Brokers; Business and industry; Citizenship and naturalization; Commodity futures; Credit; Crime; Currency; Electronic filing; Foreign trade; Holding companies; Indians; Indians-law; Insurance companies; Intergovernmental relations; Investigations; Law enforcement; Penalties; Reporting and recordkeeping requirements; Securities; Services; Small businesses; Terrorism
- Pages
- 86
Other documents from the Financial Crimes Enforcement Network
Everything from the Financial Crimes Enforcement Network · Rules on administrative practice and procedure · Rules on authority delegations (government agencies) · Rules on banks, banking · Published in April 2026
Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.