Assessing for BlockQuake
Bills & Regs
High impactProposed Rule· federal impact brief ready
Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism Program and Sanctions Compliance Program Requirements
Treasury Department, Foreign Assets Control Office, Financial Crimes Enforcement Network·2026-04-10·91 FR 18582
Marshal scored this high impact for BlockQuake.grounded · cited
what changed
FinCEN and OFAC jointly propose treating permitted payment stablecoin issuers (PPSIs) as BSA "financial institutions," requiring AML/CFT and sanctions-compliance programs under the GENIUS Act.
why it matters to blockquake
The rule's obligations bind stablecoin issuers, not exchanges or custodians — so it directly affects BlockQuake only if it issues or plans to issue a permitted payment stablecoin. Otherwise the impact is indirect: it reshapes the AML and sanctions posture of the stablecoins BlockQuake lists, custodies, and settles.
recommended action
Confirm whether BlockQuake intends to become a PPSI; if yes, comment and scope program buildout, otherwise monitor counterparty issuers.
source
91 FR 18582 Why it was flagged
Digital AssetsStablecoinsAML / BSA
Status
- Published in Federal Register
- Open for public comment
- Final rule
- Effective
Action items
Assess custody & AML exposureassign
Draft comment letterassign
Brief leadershipassign
Details
- Type
- Proposed Rule
- Agencies
- Treasury Department, Foreign Assets Control Office, Financial Crimes Enforcement Network
- Published
- 2026-04-10
- Citation
- 91 FR 18582
- Jurisdiction
- federal