The Blockchain Association (BA), a U.S. industry group, submitted comments on August 21 to five U.S. authorities, including the Financial Crimes Enforcement Network (FinCEN), regarding the proposed KYC (Know Your Customer) rules for authorized payment stablecoin issuers (PPSI) under the GENIUS Act.
The proposed rules were published in the Federal Register on June 22, officially titled 'Customer...
