Compliance

When dealing with unfamiliar businesses and individuals, businesses must ensure they are adequately safeguarded against risk.

In the rapidly evolving digital era, the landscape of fraud has shifted its gaze from traditional bank robberies to a new target: institutions responsible for handling cardholder data.

The U.S. recently introduced two legislative proposals, the GENIUS Act and the STABLE Act, aimed at regulating stablecoins. These bills primarily focus on stablecoin issuers, setting clear guidelines on issuance, reserve backing, consumer protection measures, and regulatory oversight. While they do not directly regulate stablecoin users, their implications will shape how stablecoins function within the broader financial system.