Illicit

• The U.S. Department of the Treasury issued its March 2026 congressional report under the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, addressing innovative technologies to counter illicit finance in digital assets. • The report covers mixers, obfuscation services, and stablecoin transactions on distributed ledgers, aligning with Trump Administration priorities for privacy protection and reduced regulatory burden. • It outlines the Bank Secrecy Act framework, AML programs, and updates from the 2020 Anti-Money Laundering Act to strengthen regulations against money laundering and terrorism financing.

• U.S. Treasury issued its March 2026 congressional report under the 2025 GENIUS Act on innovative technologies countering illicit finance in digital assets and stablecoins. • Report addresses mixers, tumblers, and obfuscation services on distributed ledgers, proposing frameworks aligned with administration priorities on privacy and regulatory burden. • Builds on 2021 AML Act and BSA authorities for AML/CFT programs, information sharing among financial institutions, and modernizing rules against money laundering and terrorism financing.