U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity

The U.S. Treasury Department has officially commenced its efforts on a new initiative known as GENIUS, which aims to collect insights and opinions regarding illicit activities and their implications for financial systems and regulations. This undertaking seeks to engage a wide array of stakeholders, including industry experts, law enforcement agencies, and the general public, in order to develop a comprehensive understanding of the various forms of illicit activity that may impact the economy. By gathering diverse perspectives, the Treasury hopes to enhance its strategies for combating financial crimes and ensuring the integrity of the nation's financial systems. source: https://www.coindesk.com/policy/2025/08/18/u-s-treasury-department-starts-work-on-genius-gathering-views-on-illicit-activity