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US regulators push user ID requirements for stablecoin issuers akin to regulated banks

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US regulators push user ID requirements for stablecoin issuers akin to regulated banks

The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.
Source: US regulators push user ID requirements for stablecoin issuers akin to regulated banks
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