The U.S. Federal Deposit Insurance Corporation (FDIC) has unveiled regulations outlining compliance standards for the Bank Secrecy Act (BSA) and economic sanctions for stablecoin issuers. According to the new regulations, stablecoin issuers must comply with all relevant laws, including anti-money laundering (AML) and counter-terrorist financing (CFT), economic sanctions programs, and various reporting obligations. This also includes regulations from the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC).
