U.S. Treasury to propose demands that stablecoin firms be set to police bad transactions
A firm issuing stablecoins in the U.S. would have an array of new duties to head off criminals and keep government watchdogs informed about malicious actors, according to rules poised for proposal by the U.S. Department of the Treasury that were reviewed by CoinDesk. A joint proposal from the Treasury’s Financial Crimes Enforcement Network (FinCEN)…