Treasury's Stablecoin Leash: Rules That Could Strangle Crypto's Cash Cow
Ever wonder why stablecoins — crypto's boring backbone — suddenly have the Treasury's full attention? New rules aim to plug laundering holes, but at what cost to innovation?
Ever wonder why stablecoins — crypto's boring backbone — suddenly have the Treasury's full attention? New rules aim to plug laundering holes, but at what cost to innovation?
Picture Treasury officials poring over drafts in a D.C. war room: stablecoin giants like Tether and Circle now face mandates to police every shady transaction. This isn't optional—it's the GENIUS Act in action, thrusting crypto into the banking world's compliance grind.