# 2026-12692: Treasury Targets Stablecoin Issuers for Money Laundering Risks 2026-12692, Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance Risk Management, is a Federal Register proposed rule from Treasury Department, Comptroller of the Currency published 2026-06-24, effective Comments must be received by July 24, 2026.; PRIA reads it as touching household money (as of 2026-07-01). - Canonical: https://policyrisk.com/federal-register/2026-12692 - As of: 2026-07-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Document number: 2026-12692 - Title: Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance Risk Management - Type: Proposed Rule - Agencies: Treasury Department; Comptroller of the Currency - Citation: 91 FR 37840 - Published: 2026-06-24 - Effective: Comments must be received by July 24, 2026. - Comments close: 2026-07-24 - Significant: no - Touches household money: yes - Regulation identifier numbers: 1557-AF55 - Last updated: 2026-07-01 ## In one line Treasury Targets Stablecoin Issuers for Money Laundering Risks ## Summary The government is setting new rules for companies that issue payment stablecoins to stop money laundering, terrorism funding, and illegal sanctions evasion. These rules affect stablecoin issuers under the OCC’s watch and require them to follow strict safety checks starting soon. Comments on these rules are open until July 24, 2026, so businesses should get ready to comply and share their thoughts! ## Abstract The Office of the Comptroller of the Currency (OCC), in coordination with the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC), proposes to issue regulations to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act's requirement to issue regulations implementing appropriate Bank Secrecy Act (BSA) and sanctions compliance standards for permitted payment stablecoin issuers subject to the OCC's jurisdiction. ## Effects PRIA read - Stablecoin issuers must follow BSA and sanctions rules: mixed, low. If you operate a permitted payment stablecoin issuer subject to the OCC's jurisdiction, you must comply with the Bank Secrecy Act and sanctions regulations at 31 CFR chapter V and 31 CFR chapter X. The OCC says that following those FinCEN and OFAC regulations will satisfy the proposed Sec. 15.13(c)… - OCC limits enforcement for good AML/CFT programs: benefit, medium. The OCC would add a supervision and enforcement framework saying a permitted payment stablecoin issuer that has properly established an effective AML/CFT program generally would not face an OCC AML/CFT enforcement action or a significant AML/CFT supervisory action, except for significant or systemi… - Permitted issuers may share OCC non-public info with FinCEN: mixed, low. The OCC would amend its disclosure rules to permit permitted payment stablecoin issuers to share OCC non-public supervisory information with the FinCEN Director when that information relates to an existing or potential AML/CFT enforcement action or significant AML/CFT supervisory action. The propos… - OCC estimates no incremental cost to supervised issuers: benefit, low. The OCC states that because the OCC's AML/CFT and sanctions requirements largely reference FinCEN and OFAC requirements, it does not expect any net incremental costs for OCC-supervised permitted payment stablecoin issuers (the OCC's incremental net impact estimate for OCC-supervised institutions is… - Consultation process will cost the OCC (staff time): cost, medium. The proposed rule would require the OCC to provide the Director of FinCEN an opportunity to review planned AML/CFT enforcement actions or significant AML/CFT supervisory actions (with at least 30 days' advance notice unless shorter notice is necessary). The OCC estimates an upper bound annual coord… ## Related documents - [2026-17823](https://policyrisk.com/federal-register/2026-17823): Unsafe or Unsound Practices, Matters Requiring Attention, 2026-09-01 - [2026-08298](https://policyrisk.com/federal-register/2026-08298): Regulatory Capital Rule: Community Bank Leverage Ratio Framework, 2026-04-29 - [2026-08328](https://policyrisk.com/federal-register/2026-08328): National Bank Non-Interest Charges and Fees, 2026-04-29 - [2026-08143](https://policyrisk.com/federal-register/2026-08143): Streamlining Regulations Concerning Public Welfare Investments, Open Market Collateralized Loan Obligations, and Federal Savings Associatio…, 2026-04-27 - [2026-05960](https://policyrisk.com/federal-register/2026-05960): Regulatory Capital Rules: Regulatory Capital and Standardized Approach for Risk-Weighted Assets, 2026-03-27 - [2025-21626](https://policyrisk.com/federal-register/2025-21626): Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank H…, 2025-12-01 ## Sources - [2026-12692 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/24/2026-12692/permitted-payment-stablecoin-issuer-anti-money-launderingcountering-the-financing-of-terrorism-and) - [2026-12692 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-24/pdf/2026-12692.pdf) ## Related - [Previous: 2026-12689, Safety Zone; Ohio River, Cincinnati, OH](https://policyrisk.com/federal-register/2026-12689) - [Next: 2026-12696, Supplemental Nutrition Assistance Program: Changes in Federal-State Administrat…](https://policyrisk.com/federal-register/2026-12696) - [All Federal Register documents](https://policyrisk.com/federal-register) Source: PRIA, https://policyrisk.com/federal-register/2026-12692 (as of 2026-07-01).