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
View source
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.

Why it was flagged
Digital AssetsStablecoinsAML / BSA
Status
  1. Published in Federal Register
  2. Open for public comment
  3. Final rule
  4. 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