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
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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.

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
Federal Deposit Insurance Corporation
Published
2026-06-05
Citation
91 FR 34171
Jurisdiction
federal