Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance Risk Management

The OCC, with FinCEN and OFAC, proposes BSA and sanctions compliance standards for permitted payment stablecoin issuers under OCC jurisdiction, implementing the GENIUS Act.

The rule binds stablecoin issuers, not exchanges, so it imposes no direct obligation on BlockQuake unless it issues a permitted stablecoin — but it sets the AML/sanctions regime for the issuers whose stablecoins BlockQuake lists, custodies, and settles, shaping counterparty diligence and which tokens qualify.

Fold issuer-compliance status into stablecoin listing and custody due diligence, and file a comment only if BlockQuake plans to issue its own stablecoin.