#USStablecoinBill US Stablecoin Legislation: Current Status and Complications
The legislative process concerning stablecoins in the USA is ongoing, with both main proposals including issuers under standard AML regulation (BSA - Bank Secrecy Act). However, recent serious objections from a group of senators regarding the current version of the Senate proposal (GENIUS Act), particularly due to concerns about insufficient AML safeguards, could complicate further progress or lead to additional amendments to the bill text. The final form of AML requirements and their enforcement is therefore still subject to negotiation.
* GENIUS Act: Guiding and
