U.S. pushes digital identity as cornerstone of crypto ambitions
The Trump administration is escalating its campaign to make the United States the “crypto capital of the world,” placing digital identity at the center of its digital assets strategy.
A request for comment from the Department of Treasury that was mandated by the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) underscores how central identity verification has become to Washington’s vision of a blockchain-driven financial future.
The notice, published Monday in the Federal Register, calls on financial institutions, technology companies, and the public to weigh in on “innovative or novel methods, techniques, or strategies to detect and mitigate illicit finance risks involving…
