Treasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS Acthttps://t.co/0lCLdfFrYR ...

US Treasury just published a report on using AI and blockchain analytics to combat illicit finance through digital assets.Here's a case where those tools actually worked - against a DPRK-linked attack that stole millions. ...

U.S. Senate Democrats asked Treasury, DOJ to probe Binance's illicit finance controls.@jesseahamilton reports.https://t.co/u3pTQtfnyO ...

Industry Collaboration & Compliance - Poloniex becomes a founding member of TRM Labs' Beacon Network, aiming to combat illicit finance in real time [1] - The Beacon Network is a global initiative focused on strengthening cross-border cooperation and compliance standards within the digital asset ecosystem [1] - The initiative involves collaboration from various industry players including Coinbase, Binance, PayPal, Robinhood, Stripe, Kraken, Ripple, Crypto.com, Zodia Custody, Blockchain, Anchorage, Bitfinex, HTX Global, OKX, LFJ_gg and 1inch [1] Security & Ecosystem - The industry emphasizes the importance of building a safer digital asset ecosystem through enhanced cooperation and compliance [1] - TRM Labs' Beacon Network aims to unite the industry to prevent illicit finance [1]

Regulatory Landscape - U S Senators release crypto market structure draft [1] - The draft covers token classification, banking operations, disclosures, and illicit finance [1]