{"abstract":"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.","action":"Joint proposed rule.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of Foreign Assets Control","name":"Foreign Assets Control Office","id":203,"url":"https://www.federalregister.gov/agencies/foreign-assets-control-office","json_url":"https://www.federalregister.gov/api/v1/agencies/203","parent_id":497,"slug":"foreign-assets-control-office"},{"raw_name":"Financial Crimes Enforcement Network","name":"Financial Crimes Enforcement Network","id":194,"url":"https://www.federalregister.gov/agencies/financial-crimes-enforcement-network","json_url":"https://www.federalregister.gov/api/v1/agencies/194","parent_id":497,"slug":"financial-crimes-enforcement-network"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2026/04/10/2026-06963.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"502","title":31},{"chapter":null,"citation_url":null,"part":"1010","title":31},{"chapter":null,"citation_url":null,"part":"1033","title":31}],"citation":"91 FR 18582","comment_url":"http://www.regulations.gov/commenton/FINCEN-2026-0100-0001","comments_close_on":"2026-06-09","correction_of":null,"corrections":[],"dates":"Comments must be received by June 9, 2026.","disposition_notes":null,"docket_ids":["Docket No. FINCEN-2026-0100"],"dockets":[{"supporting_documents":[],"agency_name":"FINCEN","documents":[{"comment_count":1,"comment_start_date":"2026-04-10","updated_at":"2026-04-11T01:56:47.621-04:00","comment_url":"https://www.regulations.gov/commenton/FINCEN-2026-0100-0001","allow_late_comments":false,"id":"FINCEN-2026-0100-0001","comment_end_date":"2026-06-10","regulations_dot_gov_open_for_comment":true}],"supporting_documents_count":0,"id":"FINCEN-2026-0100","title":"Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements."},{"supporting_documents":[],"agency_name":"OFAC","documents":[{"comment_count":0,"comment_start_date":"2026-04-10","updated_at":"2026-04-10T10:04:47.381-04:00","comment_url":"https://www.regulations.gov/commenton/OFAC_FRDOC_0001-2226","allow_late_comments":false,"id":"OFAC_FRDOC_0001-2226","comment_end_date":"2026-06-10","regulations_dot_gov_open_for_comment":true}],"supporting_documents_count":0,"id":"OFAC_FRDOC_0001","title":"Recently Posted OFAC Rules and Notices."}],"document_number":"2026-06963","effective_on":null,"end_page":18667,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2026/04/10/2026-06963.xml","html_url":"https://www.federalregister.gov/documents/2026/04/10/2026-06963/permitted-payment-stablecoin-issuer-anti-money-launderingcountering-the-financing-of-terrorism","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2026-06963?publication_date=2026-04-10","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2026-04-10/2026-06963/mods.xml","not_received_for_publication":null,"page_length":86,"page_views":{"count":596,"last_updated":"2026-04-11 08:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-04-10/pdf/2026-06963.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-06963.pdf?1775738715","publication_date":"2026-04-10","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2026/04/10/2026-06963.txt","regulation_id_number_info":{"1506-AB73":null},"regulation_id_numbers":["1506-AB73"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":1,"agency_id":"FINCEN","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FINCEN-2026-0100","supporting_documents_count":0,"docket_id":"FINCEN-2026-0100","document_id":"FINCEN-2026-0100-0001","regulation_id_number":"1506-AB73","title":"Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements.","checked_regulationsdotgov_at":"2026-04-11T12:55:04Z"},"regulations_dot_gov_url":"http://www.regulations.gov/commenton/FINCEN-2026-0100-0001","significant":null,"signing_date":null,"start_page":18582,"subtype":null,"title":"Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements","toc_doc":"Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements","toc_subject":null,"topics":["Administrative practice and procedure","Authority delegations (Government agencies)","Banks, banking","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"],"type":"Proposed Rule","volume":91}