Comment from Crypto Council for Innovation (CCI)
Crypto Council for InnovationSupportAdvocacy
Summary: The Crypto Council for Innovation (CCI), a global alliance of digital asset companies, supports the proposed rule to modernize the Bank Secrecy Act with a risk-based AML/CFT framework. They advocate for extending this framework to include non-bank financial institutions, codifying financial institution discretion in the rule text, and providing clearer guidance on the use of innovative technologies like AI.
The Crypto Council for Innovation (“CCI”) appreciates the opportunity to submit comments on the Notice of Proposed Rulemaking on Anti-Money Laundering (“AML”) and Countering the Financing of Terrorism Programs (“CFT”) (the “Proposed Rule” or “NPRM”), Docket No. FINCEN-2026-0034.
CCI is a global alliance of leading companies across the digital asset ecosystem — including stablecoin issuers, financial institutions, technology providers, and investors — with a mission to advance the responsible regulation of digital assets and demonstrate their transformational potential to unlock economic opportunities, promote financial inclusivity, safeguard national security, and counter illicit finance. Achieving these shared goals requires informed, evidence-based policy developed through collaborative and constructive engagement with regulators and policymakers. To that end, CCI respectfully submits the attached comments and recommendations addressing the Proposed Rule.