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The US Treasury Department has called for public comments on innovative methods to detect illicit activity in digital assets under the GENIUS Act. Feedback is due by Oct. 17 as part of efforts to strengthen regulatory frameworks.
- The GENIUS Act requires public input on detecting illicit digital asset activity by Oct. 17.
- Treasury Secretary Scott Bessent highlights the move as key to US leadership in crypto regulation.
- Findings from public comments will inform reports to Senate and House financial committees.
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