SIFMA urges Treasury to clarify stablecoin issuer’s obligations under GENIUS Act

11th June, 2026

Narayani Srinivasan
cryptoasset gig

The New York-based trade association warned that imposing broad compliance obligations for stablecoin issuers under the proposed anti-money laundering rules could create inconsistent or technically infeasible requirements.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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