Money Laundering Bulletin
US crypto regulation: less oversight, more risk?
Trump-era cryptocurrency policy changes - including the creation of certain legal rights for stablecoin issuers under the
GENIUS Act, and other regulatory developments - are being met with concern. In particular, a banking law expert has told
MLB
that the system is flawed, with echoes of the early stages of the 2008 financial crisis.
Keith Nuthall delves into the issues.