Comment from Main Street Foundation Center for Regulatory Analysis and Engagement
Main Street Foundation Center for Regulatory Analysis and EngagementSupportAdvocacy
Summary: The Main Street Foundation’s Center for Regulatory Analysis and Engagement (CRAE) supports the proposed AML/CFT and sanctions-compliance rules for payment stablecoin issuers. They argue that the implementation should be risk-based, outcome-focused, and concentrated on meaningful compliance chokepoints like issuance and redemption to ensure effectiveness without imposing excessive procedural burdens.
Attached are comments from the Main Street Foundation’s Center for Regulatory Analysis and Engagement