U.S. Cracks Down: Stablecoin Issuers Face Mandatory AML and Sanctions Compliance Rules

The U.S. Treasury is proposing new rules requiring stablecoin issuers to implement robust anti-money laundering and sanctions compliance programs. The rules, drafted by FinCEN and OFAC, mandate transaction monitoring, freezing of suspicious funds, and screening for high-risk activities to align with the GENIUS Act, aiming to protect the financial system while supporting innovation.

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Tech Stocks Lead Major Rally: U.S. Indices Soar with Nasdaq Surpassing 3%

U.S. stock markets opened sharply higher, with all three major indices posting significant gains. The tech-heavy Nasdaq Composite led the rally, climbing over 3%. Semiconductor and data storage stocks broadly advanced, with several industry leaders seeing substantial share price increases, reflecting strong market optimism toward the tech sector.

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