Assessing for BlockQuake
Bills & Regs
High impactProposed Rule· federal impact brief ready
Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers
Federal Deposit Insurance Corporation·2026-06-05·91 FR 34171
Marshal scored this high impact for BlockQuake.grounded · cited
what changed
The FDIC proposes GENIUS Act–based Bank Secrecy Act and sanctions-compliance standards binding FDIC-supervised permitted payment stablecoin issuers.
why it matters to blockquake
BlockQuake is a state-licensed MSB exchange, not an FDIC-supervised stablecoin issuer, so this doesn't bind it directly; it matters indirectly by governing the issuers behind stablecoins BlockQuake lists, custodies, and trades, and by setting the AML/BSA bar as GENIUS Act implementation takes shape.
recommended action
Track the docket and treat it as counterparty due-diligence input on stablecoin issuers, not a direct compliance obligation.
source
91 FR 34171 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
- Federal Deposit Insurance Corporation
- Published
- 2026-06-05
- Citation
- 91 FR 34171
- Jurisdiction
- federal