Treasury Dey Look for Input on How Dem Dey Detect Illegal Activity for Digital Assets
Di U.S. Treasury don ask di public make dem yan wetin dem tink about how to detect bad tins wey dey happen for digital asset. Under di GENIUS Act, di comment dem suppose show latest by October 17, 2025. Di Treasury wan make people talk about how dem regulated company dey use method to find and stop money laundering and other bad tins for digital asset. Di four main areas na application programming interfaces, digital identity verification, artificial intelligence and blockchain monitoring. Di public talk go help guide di law about how well di tools work, cost, privacy and cybersecurity. Dis step follow Trump executive order about digital financial teknology and e wan make di U.S. strong for crypto. Analytics company like Chainalysis and TRM Labs dey show how to find bad tins for digital asset. Di Treasury wan make di tools better and support correct growth for di digital asset market.
Neutral
Di request for public comments na regulatory initiative, no be market-moving event. Even though better detection of illegal activities and clear guidelines fit build long-term confidence for digital asset markets, the immediate effect on trading volumes and prices no big. Traders go likely see this request as neutral development because e mean say policy dey get ongoing refinement but no immediate regulatory change dey come. Past public consultations on crypto rules, like SEC’s RFI on tokenization, no take cause big short-term price change. For long term, better compliance tools fit reduce risk premiums and support steady market growth. So, near-term outlook remain neutral.