Legal
FinCEN, OFAC File Joint Stablecoin AML Rule Under Genius Act
FinCEN and OFAC filed a joint proposed rule on April 8 to implement AML and sanctions compliance requirements for stablecoin issuers under the Genius Act.
Legal — Page 11
Lawsuits, patent wars, and enforcement actions.
Legal
FinCEN Issued AML Rules That Treat Stablecoin Issuers as Banks
FinCEN and OFAC issued a joint proposed rule on April 8 that would classify stablecoin issuers as financial institutions under the Bank Secrecy Act.
Legal
Fed Rewrites FedNow's Two-Bank Rule to Allow Cross-Border Transfers
The Fed proposed replacing FedNow's two-bank transfer cap with an intermediary model, opening the platform to cross-border payments for the first time.
Legal
Filed: CFPB Asks D.C. Circuit to Allow 68% Staff Cut to 556
Acting Director Vought's plan would cut CFPB staff from 1,174 to 556 and reduce non-depository exams to 22 a year.
Legal
Trump's 100% Pharma Tariffs Carve Out Half the Industry
Trump's 100% Section 232 pharma tariffs exempt 13 drugmakers, generics, and trade-deal nations. Mid-sized biotechs are most at risk. Exemptions expire 2029.
Legal
DOJ Backs Pharma on 340B, Leaving Safety-Net Hospitals Exposed
The DOJ reversed course to back pharma in the 340B contract pharmacy dispute, leaving safety-net hospitals without a federal ally.
Legal
Trump Signs 100% Tariff Order on Imported Drugs
Trump signed an executive order imposing 100% tariffs on drug imports from countries without U.S. trade deals, effective within months.
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