The U.S. Department of the Treasury has opened the door for public input on new strategies to combat illicit finance risks associated with digital assets. The move stems from requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins Act, also known as the GENIUS Act.
The Department invites comments until October 17, 2025, through the federal portal. Officials emphasized that all submissions will become public records and may be made anonymously. The GENIUS Act, signed into law on July 18, 2025, created a comprehensive framework for stablecoin issuers in the United States.
The law focuses on consumer protection, financial stability, and national security. It enforces strict reserve requirements and aligns state and federal rules for stablecoins. It also mandates clear redemption procedures and treats permitted issuers as financial institutions under the Bank Secrecy Act.
Government backs Stablecoin oversight innovation
That requirement subjects them to anti-money laundering rules, sanctions compliance, customer identification, and due diligence. The request for public comment highlights the importance of innovation in monitoring and preventing illicit financial activity.
The Department is seeking ideas on novel technologies, methods, or strategies that can enhance detection efforts. The call reflects broader efforts to strengthen financial safeguards without blocking innovation. The Treasury’s Office of Strategic Policy will oversee the process and review the submissions.
The initiative aligns with Executive Order 14178, signed on January 23, 2025, which laid out the Administration’s policy on digital financial technology. That order emphasized responsible growth of blockchain and related technologies.
It also created the President’s Working Group on Digital Asset Markets, tasked with developing recommendations to enhance U.S. leadership in the sector. The Working Group published its report in July 2025, addressing issues ranging from anti-money laundering improvements to digital identity verification.
U.S. pushes for balance in digital Finance innovation
The report urged stronger cooperation between the government and the private sector, including more use of existing information-sharing programs. It also encouraged greater transparency across the digital asset ecosystem.
The Treasury’s current request for input directly supports those recommendations by seeking practical approaches from financial institutions, innovators, and the broader public.
The notice underscores that the digital asset industry plays a central role in U.S. innovation and global competitiveness. At the same time, it makes clear that unchecked risks could undermine national security and financial stability.
By encouraging open participation, the Treasury aims to balance innovation with strong safeguards. The process will shape future rules and policies that define how the United States manages digital finance in the years ahead.
